Here’s a link to an excellent article written by the lawyers TLT on the subject of the Pension Schemes Act 2021 which brings in some new criminal offences for a whole range of people involved in making decisions that impact on companies’ final salary / defined benefit pension schemes.
Worthwhile reading if you are a director or a company with a DB scheme, anyone advising or supporting the directors on any turnaround of the employer, any lender and indeed any insolvency practitioner, whether acting in an advisory capacity prior to any formal insolvency or after being appointed as administrator etc.
Thanks TLT.