TPR warns trustees face jail or fines if they break employer-related investment rules

Regulator’s warning follows intervention report into scheme where trustees broke ERI rules

Martin Richmond
clock • 3 min read
TPR warns trustees face jail or fines if they break employer-related investment rules

The Pensions Regulator (TPR) has warned trustees they risk being fined or jailed if they are found to have broken employer-related investment (ERI) rules.

The regulator's warning comes as its regulatory intervention report, published today (14 August), outlined the enforcement action taken against two former trustees of the Worthington Employee Pensi...

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