Trustees of the Construction Confederation鈥檚 pension scheme have issued a petition for the group to be liquidated

The petition was filed on 30 October for a judge to determine whether the Construction Confederation (CC), an unincorporated body, can be classed as a company and can therefore be liquidated.

The move follows 黑洞社区鈥檚 report that the confederation has a 拢20m black hole in its pension fund, which could affect about 500 members.

If the CC is classed as a company, the trustees can apply for it to be covered by the government鈥檚 Pension Protection Fund.

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