UK:
Pensions Dashboards (Prohibition Of Indemnification) Act 2023 Receives Royal Assent
22 May 2023
Norton Rose Fulbright
To print this article, all you need is to be registered or login on Mondaq.com.
The Pensions Dashboards (Prohibition of Indemnification) Act
2023 received Royal Assent on May 2, 2023. The new Act resolves an
oversight in the Pensions Act 2021 and makes it a criminal offence
for trustees to reimburse themselves from scheme assets in respect
of penalties imposed under the pensions dashboards regulations.
Trustees guilty of such offences may be subject to a fine,
imprisonment or both.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Employment and HR from UK
Gross Misconduct In The Bagging Area
Herrington Carmichael
The Employment Tribunal (ET) has ruled that a Sainsbury's employee, who had worked for the company for almost 20 years...
Employment Law Case Update – April 2024
Dixcart UK
This month we bring you some technical cases looking at the circumstances in which a dismissal could be fair despite a full lack of process because of the actions of the disgruntled employee.
