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...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Gareth Mee: Customer service key differentiator in competitive PRT market

Gareth Mee: Customer service key differentiator in competitive PRT market

L&G CEO of institutional retirement tells PP about PRT market highlights in 2025/26

Martin Richmond
clock 28 July 2026 • 4 min read
News Digest: Ban foreign stocks from Isa wrapper, says top pensions boss; NHS pension costs rise

News Digest: Ban foreign stocks from Isa wrapper, says top pensions boss; NHS pension costs rise

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 28 July 2026 • 1 min read
Torsten Bell: 'Together, we are going to finish the job'

Torsten Bell: 'Together, we are going to finish the job'

Bell was reappointed to the pensions minister role in the government reshuffle

Holly Roach
clock 24 July 2026 • 1 min read
Trustpilot