Theresa May promises M&A veto powers for TPR if re-elected
The Pensions Regulator (TPR) will be given powers to block certain mergers and acquisitions (M&As) to protect pensions if the Conservative Party is re-elected on 8 June.
"Unscrupulous bosses" could also face criminal prosecutions or fines where they have deliberately under-funded a defined benefit (DB) scheme or put it at risk, Theresa May announced on 29 April. Under...
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