Philip Green Wins Support from Regulators for Arcadia Rescue Plan
Regulators satisfied with £385 million package despite demanding £25 million more.
Tag: The Pensions Regulator
TPR Replaces Pension Trustees over Incompetence
Regulator names independent trustee to oversee Dunnes Stores DC plan.
Regulation
TPR Fines McDonald’s Franchisee Trustee for Breach of Pension Law
Fine of £104,000 largest ever handed out to trustee by UK regulator.
Accountant Trustee Used Pension as ‘Personal Piggy Bank’
UK regulator also charges husband and wife for defrauding charity.
UK Pension Scams Are All in the Family
Organized crime couples and families are swindling millions from pensions.
Reckless Pension Bosses Could Get Seven Years in Prison
UK introduces new criminal offense of ‘willful or reckless behavior.’
UK Pension Scam Victims Lose an Average of £91,000
Losses are likely to be even higher, as most scams go unreported.
TPR Investigates Suspected £18 Million Pension Fraud
Regulator also charges account manager of concealing workplace pension failures.
Corporate Moves
UK Regulator TPR Names Charles Counsell Chief Executive
However, Work and Pensions Chair Frank Field expresses doubt about choice.
Southern Water to Pay £50 Million More into Pension
UK regulator TPR forced company’s hand over dividend payout imbalance.
TPR Bans CEO from Being Trustee for Refusing to Cooperate
Christopher Wrigley allegedly threatened one of the regulator’s case workers.
TPR Bans ‘Reckless’ Pension Trustees over Risky, Exotic Investments
Trustees invested in eucalyptus farms, parking lots, and suspected scams.
UK Firm Fined over £275,000 for Opting Workers Out of Pension
Workchain Ltd. handed largest fine for case brought by The Pensions Regulator.
UK Regulators Issue Joint Pensions Strategy
The FCA, TPR address fundamental changes in pensions sector.
TPR Fines Trustees for Not Investing Savings Promptly
Failure to invest £1.4 million for three years affected more than 9,000 Salvus Master Trust plan members.