This bill stops pension scheme bosses from using members' pension money to pay off their own fines. It makes it a crime to do so.
A Bill to make provision about prohibiting the trustees and managers of pension schemes from being indemnified in respect of penalties imposed under pensions dashboards regulations.
Status: Act of Parliament
Current House: Unassigned
Stage: Royal Assent
Sponsored by: Mary Robinson, Lord Young of Cookham
Introduced: 2022-06-20
Royal Assent: 2023-05-02