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£103k fine for corporate professional trustee’s multiple failings

The Pensions Regulator publishes on its website:

“A corporate professional trustee firm has been fined £103,750 for breaching multiple areas of pension law.

The penalty against Link Pension Trustees Limited in relation to failings on the McDonald’s Franchisee Pension Scheme is the largest fine handed to trustees by The Pensions Regulator (TPR). The scheme provides pensions for 32 franchisees of the fast food chain but is independent of McDonald’s.”

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