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Traditionally, the Pensions Regulator's (tPR) powers have not extended to banks and other lenders who make loans to corporate sponsors of defined benefit (DB) schemes. It has been up to...
The Pensions Regulator (TPR) has issued a contribution notice (CN) for more than £2 million against a former overseas parent company and has reached a settlement with the ex-chief executive for £130,000.
Employers could be “left guessing” after The Pensions Regulator (TPR) “failed to expand the clearance process” for key business decisions, according to Lane Clark & Peacock (LCP).
The Pension Schemes Act 2021 (Act), which came into force on 11 February 2021, introduced new criminal offences to bolster the Pensions Regulator's moral hazard regime. Most notably, it...
To embed, copy and paste the code into your website or blog: Welcome to your weekly update from the Allen & Overy Pensions team, covering all the latest legal and regulatory developments in the world of occupational pensions. This week we cover topics including: PSA21: response to consultation on employer resources test and information powers; TPR publishes 2021 Annual Funding Statement analysis; PASA: Counter fraud guidance; Data transfers: UK adequacy decision adopted; and HMRC newsletter 130. PSA21: response to consultation on employer resources test and information powers TPR publishes 20...