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 ...
To continue reading this article...
Join Professional Pensions
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date
