Trustees risk being held personally liable for pension scheme failures from next week unless an urgent review of protection measures is undertaken, a law firm warns.
Hammonds believes scheme trustees could be exposed to unnecessary liabilities unless they take account of the restrictions contained in the new Companies Act 2006 – which comes into force on Octobe...
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
