TPR fines Salvus Master Trust trustees for failing to invest £1.4m of savings promptly

Kim Kaveh
clock • 1 min read

Four trustees of the Salvus Master Trust have been fined by The Pensions Regulator (TPR) for failing to promptly invest £1.4m of member contributions.

A section 89 regulatory intervention report released by the watchdog today said the master trust's trustees had been fined a total of £5,000 for the issue, which it said ran for 18 months and affec...

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