The Pensions Regulator

Clearance

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Events that are related to each other

80. Trustees and employers should note that sometimes an event can be composed of several distinct events, or several events may be related to each other. If this is the case, then, as well as assessing the overall effect of the events, trustees and employers should assess each component event separately to establish whether it could be a type A event.
81. There may be both employer-related and scheme-related components to the event, for example, on the sale of a business and any apportionment. If so, it is possible that the employer-related component will not be a type A event, because there is no relevant deficit in the scheme, whereas the scheme-related component is a type A event.
82. Where there are component or related type A events, trustees and employers should consider what the appropriate mitigation is for each event. Where applicants are applying for a clearance statement for more than one type A event in relation to the same scheme, these should usually be described in one application.
    

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