London Borough Pension Fix OK'd By Watchdog After Penalty

Law360, London (October 25, 2019, 2:08 PM BST) -- The Pensions Regulator said Friday that a London local authority once found to have committed a “catalog of errors” in the management of its pension fund is fit for the purpose again after the regulator intervened. 

The watchdog said it is confident that the London Borough of Barnet's Superannuation Fund is now being properly managed, after it issued an improvement notice in July. Friday's announcement concludes more than two years of dialog between the authority and the regulator, which began in 2017 when Barnet's failure to provide information in time led to a £1,000 ($1,300) fine — the first ever levied by the watchdog...

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!


Related Sections

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!