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Professional Pensions Monthly Digest: July 2022

Professional Pensions Monthly Digest: July 2022
professionalpensions.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from professionalpensions.com Daily Mail and Mail on Sunday newspapers.

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Professional Pensions Monthly Digest: April 2022

There’s been a raft of important news this month, with top stories including confirmation two former trustees will go to jail for their part in a £13.7m pensions liberation scam. ....

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TPR on the warpath — two recent cases in profile

As the pensions industry is aware – due to constant updates, webinars and, even in some cases, direct intervention – the Pension Schemes Act 2021 widened the circumstances in which The Pensions Regulator (TPR) can use its moral hazard powers (principally contribution notices (CNs) and financial support directions) and granted TPR stronger powers to investigate and sanction wrongdoing. ....

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What the Mitchells & Butlers case says about rectification

Last month, the trustee of the Mitchells & Butlers pension plan secured a victory in court to rectify the plan's rules. ....

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Why TPR's stronger powers could be a boon, not a threat

Consternation has been rife across the pensions industry over boosted powers for The Pensions Regulator (TPR) and how they could be used to penalise anyone involved in the running of a pension scheme if things go wrong. ....

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