TPR uses anti-avoidance powers to protect plumbing pension scheme members

TPR warns employers face regulatory action if they walk away from pension liabilities

Holly Roach
clock • 2 min read
TPR uses anti-avoidance powers to protect plumbing pension scheme members

The Pensions Regulator (TPR) has confirmed it has used its anti-avoidance powers against a participating employer of the Plumbing & Mechanical Services (UK) Industry Pension Scheme.

TPR has published a report setting out its actions after a participating employer in the multi-employer pension scheme paid out dividends prior to the company's liquidation – money which the regula...

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