Associate Danielle Reece-Greenhalgh has written for Pension Age about proposed new legislation which would introduce criminal offences connected to pensions regulation.
The focus of Parliamentarians is now on the first December general election in most people’s living memory, one that is sure to be dominated by Brexit.
But when we have a new government, it will have to consider whether to pursue an important change in pension law enforcement.
The Queen’s Speech last month quietly introduced a piece of legislation which could have very significant ramifications for company directors and trustees of employer pension schemes. That is, in the event that a new government finds the time to bring these long-overdue measures into law.
The Pension Schemes Bill (“PSB 2019”), introduced by the DWP into the House of Lords, introduces a wide range of new obligations designed to strengthen the pensions regulation landscape.
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