The Pensions Regulator has banned three ex-trustees for life after uncovering "serious and persistent" breaches of investment regulations and legislation on trustee knowledge.
The regulator's determinations panel also found that the relationship of the former trustees with the sponsoring employer of the Hugh Mackay Retirement Benefits Scheme had led to "serious conflicts...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
