Basic Search  |  Summaries  |  Advanced SearchPenalty: £636,000
Year: 2021
Date: 28 July, 2021
Offence Group: employment-related offences
Offence Type: pension plan violation
Violation Description: Turbon agreed to pay a lump sum of £636,000 and ongoing contributions in settlement of a Warning Notice issued by The Pensions Regulator that they would apply for a Financial Support Direction unless the company arranged a lump sum payment and increased contributions to its pension scheme.
Action Type: agency action
Agency: The Pensions Regulator
Source of Data: (click here)