Company boss convicted after refusing TPR info and threatening its staff

'Leave me alone or I will retaliate'

clock • 3 min read

The chief executive of a packaging company has been convicted of refusing to give information to The Pensions Regulator (TPR) and lambasted for 'intolerable' behaviour towards the watchdog's staff.

The regulator said Thomas Christopher Wrigley - who was both the chief executive and major shareholder of Discovery Flexibles Limited as well as being the chair of trustees for the company's pension scheme - repeatedly refused to comply with TPR's requests for information in connection with an investigation into how the scheme was being run. TPR had been tipped off by a whistleblower that Wrigley, in his role as chair of trustees, was considering investing more than £1.2m of pension scheme funds in Discovery Flexibles. The watchdog said there are restrictions on the proportion of an o...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

FCA non-advised pension transfer plans branded 'anti-consumer'

FCA non-advised pension transfer plans branded 'anti-consumer'

AJ Bell blasts FCA’s plans as ‘worst kind of regulatory intervention’

Jenna Brown
clock 23 February 2026 • 3 min read
Advisers search for more than 100,000 pension transfers via Origo

Advisers search for more than 100,000 pension transfers via Origo

In first year

Isabel Baxter
clock 23 February 2026 • 1 min read
Pension consolidation deserves more respect than it gets

Pension consolidation deserves more respect than it gets

'For me, pension consolidation is a perfect illustration of why financial planning matters'

Andy Zanelli
clock 19 February 2026 • 5 min read