Box clever pension scheme
WebMar 17, 2024 · Box Clever was a joint venture combining the rental businesses of ITV, known at the time as Granada, and Carmelite, previously known as Thorn. Its pension scheme has about 2,800 members and a deficit of £115m. When the joint venture went ahead, employees were transferred to the new company and enrolled in the Box Clever … WebEmployees were transferred to the new company and enrolled in the Box Clever Pension Scheme. TPR opened an investigation after Box Clever collapsed, and in 2011 it warned ITV that it was going to ...
Box clever pension scheme
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WebMay 18, 2024 · Box Clever was a joint venture combining the rental businesses of ITV, known at the time as Granada, and Carmelite, previously known as Thorn. Its pension scheme has around 2,800 members and a ... WebJan 31, 2024 · Box Clever trustees under scrutiny for scheme setup decisions. The trustees of failed TV rental business Box Clever’s defined benefit pension scheme …
WebBox Clever was a television game show from the United Kingdom that was presented by Emlyn Hughes. The programme was part of the then new daytime service by BBC … WebJun 25, 2024 · The employers in the Box Clever group were the only ones who were directly liable for the Scheme's funding. The sale completed in 2000 and, in 2003, administrative receivers were appointed over the Box Clever group. In 2011, the …
WebJun 20, 2024 · The Box Clever pension scheme was formed in 2000 as part of a merger between ITV (then Granada) and Carmelite. Employees were transferred to the new company and enrolled into the new pension scheme. Following the scheme’s collapse TPR opened an anti-avoidance investigation, as ITV extracted “significant value from the … WebApr 27, 2012 · The Determinations Panel of the UK Pension Regulator (“TPR“) has recently issued financial support directions (“FSDs“) to five companies in the ITV group in relation to the Box Clever Group pension scheme, which has a reported deficit of approximately £62 million.The action has been seen as a bold move by TPR and represents only the fourth …
WebMay 16, 2024 · In 2011, the Determinations Panel decided to issue financial support directions (FSDs) against five Granada/ITV companies (the Targets), requiring financial …
WebSep 12, 2024 · The Box Clever case. The Pensions Regulator had issued a direction to a number of companies (the Targets) requiring them to provide financial support for a pension scheme under which their subsidiaries were employers. The direction was issued on the basis that the companies were associates of the relevant subsidiaries. indie hip hop music blogslocksmith gilbert azWebPensions Act 2004 (“the Act”) The Box Clever Group Pension Scheme (“the Scheme”) The Pensions Regulator case ref: TM8495 1. The Determinations Panel (“the Panel”), on behalf of the Pensions Regulator (“the Regulator”), met on 12-14 December 2011 to decide whether to exercise a reserved regulatory function in relation to the issues indie highlight coversWebAug 5, 2024 · The Court of Appeal has rejected ITV’s appeal against the financial support direction (FSD) issued by The Pensions Regulator (TPR) in the long-running Box Clever dispute. This means that ITV must now submit its financial proposals for supporting the Box Clever scheme which has a deficit of over £115 million. indie heart with eyesWebAug 17, 2024 · Box Clever was formed in 2000 as a joint venture between the TV rental businesses of Granada (now ITV) and Thorn (now Carmelite). When the joint venture … locksmith gilroy californiaWebJan 31, 2024 · The trustees of failed TV rental business Box Clever’s defined benefit pension scheme have come under scrutiny for their decisions involving the fund’s setup, as part of an Upper Tribunal hearing on the company’s collapse. The Pensions Regulator is seeking to impose a financial support direction on Granada, now ITV, for its role in the ... indie hipster clothingWebMay 11, 2024 · The Box Clever pension scheme was formed in 2000 as part of a merger between ITV (then Granada) and Carmelite. Employees were transferred to … locksmith gisborne