Company bosses who deliberately dissolve their company to avoid paying pension contributions could be hit with disqualification under government plans.
The Department for Business, Energy and Industrial Strategy (BEIS) said directors will face fines or investigations where they shut down companies to dodge paying obligations to creditors or staff,...
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, 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
