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Violation Tracker UK Individual Case

Company: Docklands Light Railways Limited
Penalty: £4,000,000
Year: 2014
Date: 1 November, 2014
Offence Group: employment-related offences
Offence Type: pension plan violation
Violation Description: Serco and Docklands Light Railway agreed to pay a total of £37 million to the Docklands Light Railway Pension Scheme after TPR issued a warning notice requiring the parties to hire skilled persons to advise them, following concerns by TPR about the scheme's funding position.
Action Type: agency action
Settlement Type: Settlement with TPA
Agency: The Pensions Regulator
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