May pledges to fine company bosses if they endanger staff pension funds

May pledges to fine company bosses if they endanger staff pension funds
 

Rogue bosses will face fines or prosecution for putting the pensions of their workers at risk under new laws to be unveiled by the government.
Ministers will confirm this week that they will target reckless employers with new rules designed to protect pension pots when companies go under. There will also be measures designed to target directors who are guilty of mismanagement.
The move follows the scandals that hit retailer BHS and construction giant Carillion after their collapses. It comes after Theresa May told the Observer earlier this year that she wanted to tackle bosses who “line... read more

 
18 March 2018 in Politics, Views: 58
Source: Guardian
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