The Pensions Regulator (TPR) has fined Now Pensions and its sole corporate trustee, Now Pensions Trustee, the statutory maximum of £50,000 each for reporting failures.
The regulator fined them both for "historic failures" relating to reporting of significant events and breaches of law, referring to three instances which were not reported to TPR, covering over 80,...
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
