Nigel Cayless comments on the Pension Schemes Act boosting TPR’s sanctions regime with new criminal offences

TPR's strengthened powers

Nigel Cayless, Senior counsel comments on The Pensions Regulator’s sanctions regime with new criminal offences, seven-year jail sentences for wrongdoers and headline-grabbing civil penalties of fines of up to £1m for those who recklessly neglect their responsibilities to members.

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