TPR fines Rentokil Initial trustees £25,000 for failing to submit pension scheme valuations
A trustee board has been fined £25,000 by The Pensions Regulator (TPR) for failing to complete 2012 and 2015 valuations for one of its schemes.
The watchdog said Rentokil Initial Pension Trustee Limited did not meet its respective valuation deadlines of July 2013, and July 2016 for the Initial Hospital Service No.1 Pension Scheme, which has approximately...
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