Lawyers warn TPR contribution notice could herald clampdown

clock

The first issuance of a contribution notice could signal a clampdown on companies who fail to engage with trustees and the regulator, lawyers say.

Yesterday, The Pensions Regulator enforced a £5m contribution notice on the Bonas Group Pension Scheme - despite its Belgian parent company Michel Van De Wiele N.V. effectively keeping its UK subsi...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Regulation

Rise in reported cyber incidents in 2023/24

Rise in reported cyber incidents in 2023/24

Eversheds Sutherland finds 284 reported cyber incidents occurred in last financial year for pensions

Jasmine Urquhart
clock 22 November 2024 • 1 min read
TPO orders trustee director to repay £9.7m into schemes

TPO orders trustee director to repay £9.7m into schemes

Former director of trustee firm ordered to pay into Uniway Systems and Genwick schemes

Jasmine Urquhart
clock 19 November 2024 • 1 min read
SPP says multi-employer CDC regulations could be 'unduly onerous' in areas

SPP says multi-employer CDC regulations could be 'unduly onerous' in areas

Trade body says it mostly supports the DWPs proposed regulations

Jasmine Urquhart
clock 18 November 2024 • 1 min read
Trustpilot