Bosses Putting Pensions At Risk Face 7 Yrs Jail, Gov’t Says

Law360, London (February 11, 2019, 1:36 PM GMT) -- Directors who recklessly put their workers’ pensions at risk will face up to seven years in prison or an unlimited fine, the government said on Monday, as it presses ahead with plans to crack down on employers who abuse retirement schemes.

Secretary of State for Work and Pensions Amber Rudd said that wilfull or reckless behavior in connection with workplace pensions will become a criminal offense for the first time. (AP) The Department for Work and Pensions is introducing a new criminal offense for bosses who willfully or recklessly abuse their pensions duties. The penalties, which will be imposed by The Pensions...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!