Skip nav

In the wake of a series of insolvencies, several charity bodies, including Navca, the National Council for Voluntary Organisations, and the Charity Finance Group sent a letter to the Department of Work and Pensions, highlighting concerns over the way multi-employer pension schemes are trapping organisation in a spiral of liabilities and debt.

The problem is widespread: last year homeless charity, People Can, employing 75 staff and supporting hundreds of people with addictions, mental illnesses and other conditions, was forced into administration as a result of pension scheme liabilities. More recently, a high profile merger between Navca and Community Matters was aborted - with board members citing concerns over the increasing pension debt of both organisations. While Navca and Community Matters recognised the importance and benefits of the merger - both were unable to find a way through the complex and restrictive legislation concerning their pension debt.

Read full release

Image Channel