Millions at Risk of Falling for Pension Scams
UK Regulators warn public to be wary of tactics used to pilfer their savings.
Tag: The Pensions Regulator
UK Recruitment Firm Prosecuted for Trying to Avoid Giving Pensions
SKL Professional Recruitment is also accused of lying to The Pensions Regulator.
TPR Cracks Down on UK Firms Changing Names to Shirk Pension Duties
Regulator is hunting employers that rebrand to try to dodge workplace pension responsibilities.
TPR Issues Guidance for UK Defined Contribution Plans
New laws that incorporate ESG requirements take effect in October.
TPR: Badly Run Plans Must Improve or Consolidate
UK regulator says fewer, but better governed plans will benefit pension savers.
Philip Green Wins Support from Regulators for Arcadia Rescue Plan
Regulators satisfied with £385 million package despite demanding £25 million more.
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.