Trustees face court over prohibited employer loans

Holly Roach
clock • 1 min read

Two pension scheme trustees face court over allegedly making prohibited employer loans from a company pension scheme to its employer.

The Pensions Regulator (TPR) alleged company directors Andrew Kyprianou and Colin Werb used money from the Eastman Machine Company Limited Superannuation Scheme to make two loans - one for £100,000...

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