The National Association of Pension Funds has highlighted trustee fears of unlimited fines or two years in prison for breaching new rules aimed at limiting investment in sponsoring employers.
In a letter to pensions minister Steve Webb - also sent to The Pensions Regulator - NAPF chief executive Joanne Segars (pictured) said the trade body's members were concerned with the potential pen...
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
