Bosses who play 'fast and loose' with pensions face seven years in prison

James Phillips
clock • 3 min read

Company directors who deliberately or recklessly put their workers' pension funds at risk face seven years in prison under plans to crack down on "acts of astonishing arrogance and abandon".

Secretary of state for work and pensions Amber Rudd announced that those who engage in "wilful or reckless behaviour relating to pensions" will face the custodial sentence, or an unlimited fine, if...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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