Regulator reveals investigation into Hollywell Enterprises

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The Pensions Regulator has revealed more details about two trustees it removed last year for investing £2m of scheme assets in an unregulated Belize-based investment vehicle.

The regulator appointed independent trustees in October 2011 after it discovered trustees of the Hollywell Enterprises Pension Scheme intended to transfer £2m - half of the scheme's assets - to an ...

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