Nigel Cayless comments on TPR’s new powers in Law360

Nigel Cayless, senior counsel comments on TPR’s new powers offering better protection to workers saving for retirement.

The Pensions Regulator now has the power to punish individuals with seven-year jail sentences for acts that prove detrimental to pension schemes. TPR can also fine companies up to £1 million for failing to provide information on time and demand that businesses make contributions to their saving plans.

Read the full article in Law360 (subscription required)