Thanks to the well-known advertising slogan, regardless of our usual aptitude for domestic DIY, when it comes to buying a particular brand of British wood dye preservative we’re well trained in where to look so as to manage our expectations as to the product’s scope and limitations.
In my experience, the same is not always true for pension scheme trustees and employers, whose expectations of clearance statements from the Pensions Regulator can go far beyond what it says on the tin (that’s to say, the underlying law and guidance).
