The UK's Pensions Act 2004 provides additional protection for members of defined benefit occupational pension schemes. In doing so it establishes both a pensions regulator and a pensions protection fund. The new rules impose funding obligations on employers which, it was thought by the legislators, they would attempt to evade. The provisions however may lead to unintended consequences for some UK businesses in the same group of companies, in situations where no abuse has taken place. Dealing with Pensions is essential reading for trustees of pension schemes, company directors, managing directors, finance directors, company secretaries, actuaries, lawyers, accountants, insolvency practitioners.