Reward Strategy. Incoporating Payroll World.

Brewery to be prosecuted for failing to hand over financials

The Pensions Regulator (TPR) is to prosecute Samuel Smith Old Brewery (Tadcaster) and company chairman Humphrey Smith for failing to provide information and documents required for an ongoing investigation.

TwitterLinkedInFacebook

TPR sought details of the company’s finances in order to understand the funding position of some of the brewery’s pension schemes.

 

The company failed to comply with a notice issued under section 72 of the Pensions Act 2004 on January 12 2018, requiring the information and documents to be provided by January 26 2018.

 

The company and Humphrey Smith have been summonsed to appear at Brighton Magistrates’ Court on Tuesday, May 15 2018. They will each face a charge of neglecting or refusing to provide information and documents, without a reasonable excuse, when required to do so.

 

Humphrey Smith is charged on the basis that the offence by the company was committed with his consent or connivance or by his neglect.

TwitterLinkedInFacebook
Add New Comment
You must be logged in to comment. Login or Register to access enhanced features of the website.

You might also like

Winners revealed: The Rewards 2019

Winners revealed: The Rewards 2019


Chancellor promises IR35 review

Chancellor promises IR35 review


Conservatives pledge to fix pension net-pay loophole

Conservatives pledge to fix pension net-pay loophole


TPR’s director of AE to leave in 2020

TPR’s director of AE to leave in 2020

LATEST PAYROLL AND REWARDS NEWS IN YOUR INBOX

Reward Strategy homepage
Reward Strategy RSS

Member of

Did you find our website useful?

Thank you for your input

Thank you for your feedback

reward-strategy.com - an online news and information service for the UK’s payroll, reward, pensions, benefits and HR sectors. reward-strategy.com is published by Shard Financial Media Limited, registered in England & Wales as 5481132, Axe & Bottle Court, 70 Newcomen St, London, SE1 1YT. All rights reserved. Reward Strategy is committed to diversity in the workplace.
© Copyright Shard Financial Media Ltd