Investigations by The Pensions Regulator result in convictions

08 May 2017

The Pensions Regulator (TPR) has secured its first two convictions where businesses have refused to provide documents required when under investigation.

First criminal conviction

A solicitor and the firm where he is a partner have been ordered to pay more than £16,000 in fines and costs for refusing to give TPR documents which were required as part of a wider investigation. This represents the first criminal convictions TPR has secured. Read more...

Charity boss convicted

The head of a charity has been prosecuted and ordered to pay £6,500 for refusing to give TPR information linked to an investigation into unusual scheme investments. This is only the second time TPR has taken such action. Read more...

Trustees banned to protect scheme assets

TPR has also published a report about how they banned the trustees of the 5G futures pension scheme. They prohibited John Garry Williams and Susan Lynn Huxley from being trustees of any pension scheme on the grounds that neither is fit and proper people to hold the position.