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The Pensions Regulator's new powers: what lenders need to know

The Act introduces two new offences – conduct risking accrued DB benefits and avoidance of employer debt, as explained below. Each offence is punishable by up to seven years' imprisonment and / or an unlimited fine. There are...more

New offences and powers for the Pensions Regulator: what employers and trustees should know – update

The passage of the Pension Schemes Act 2021 (the Act) into the statute books has received press coverage far beyond the usual pension industry commentary. New criminal offences and civil penalties, plus increased powers for...more

New criminal offences and unlimited fines: what employers need to know about the Pensions Regulator's new powers (UPDATED)

After the Carillion and BHS debacles, the Pensions Regulator (tPR) announced it was going to be “clearer, quicker and tougher”. The new Pension Schemes Act 2021 (the Act), which received Royal Assent on 11 February 2021,...more

New criminal offences and unlimited fines: what employers need to know about the Pensions Regulator's new powers (Updated February...

After the Carillion and BHS debacles, the Pensions Regulator (tPR) announced it was going to be "clearer, quicker and tougher". The new Pension Schemes Act 2021 (the Act), which received Royal Assent on 11 February 2021,...more

New offences, penalties and powers for the Pensions Regulator: what employers and trustees should know

As expected, following the general election the new government has reintroduced the Pension Schemes Bill and is taking forward changes consulted on in 2018. The Bill will significantly increase the Pension Regulator's powers...more

New criminal offences and unlimited fines: what employers need to know about the Pensions Regulator's new powers

After the Carillion and BHS debacles, the Pensions Regulator (tPR) announced it was going to be "clearer, quicker and tougher". The new Pension Schemes Bill (the Bill) currently going through Parliament will give tPR...more

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