Pensions Watchdog Gets Tougher With Information Requests

Law360, London (August 20, 2019, 5:10 PM BST) -- The Pensions Regulator forced businesses to hand over data on their retirement plans 162 times last year, the highest number of requests in a decade, and is more likely to challenge companies that do not comply, according to the results of a freedom of information request.

Information requested by law firm Herbert Smith Freehills LLP and published Monday shows that the watchdog’s data requests rose by 20 from 2017’s figure of 142. The regulator can tell individuals or businesses to produce documents or information that it considers relevant to its supervision of pension schemes under section 72 of the Pensions Act...

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