Action against 'unscrupulous' company directors a 'gesture' policy

DWP white paper - reaction

James Phillips
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New powers for TPR to prosecute company directors who put their DB pension scheme at risk
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New powers for TPR to prosecute company directors who put their DB pension scheme at risk

Enhanced powers for The Pensions Regulator (TPR) to prosecute and fine company directors who "wilfully or recklessly" put their defined benefit (DB) pension scheme at risk will be hard to enforce, commentators say.

The powers, confirmed in a white paper published by the Department for Work and Pensions (DWP) today, could also see company directors disqualified, with the watchdog using strengthened anti-avoidance...

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