Property News · March 18, 2018

May pledges to fine company bosses if they endanger staff pension funds


New criminal offence of neglecting pension responsibilities to be announced this weekRogue bosses will face fines or prosecution for putting the pensions of their workers at risk under new laws to be unveiled by the government.Ministers will confirm this week that they will target reckless employers with new rules designed to protect pension pots when companies go under. There will also be measures designed to target directors who are guilty of mismanagement. Continue reading…

Source : theguardian.com
Read more…May pledges to fine company bosses if they endanger staff pension funds

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