More than £2.5m returned to pension scheme after anti-avoidance action by TPR

Regulator said when savers are put at risk, ‘we act to put things right’

Holly Roach
clock • 1 min read
More than £2.5m returned to pension scheme after anti-avoidance action by TPR

More than £2.5m has been returned to a pension scheme after anti-avoidance action by The Pensions Regulator (TPR).

The regulator took action after money was taken from packaging firm Discovery Flexibles despite its pension scheme, the Danapak Flexibles Retirement Benefits Scheme, having a "significant" deficit....

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