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It is worth considering the likely approach of @TPRgovuk in our dispute in the context of the brand new (19 March 2018) government white paper 'Protecting Defined Benefit Pensions' 1/13 gov.uk/government/pub…
This white paper, which @TPRgovuk has welcomed (here: thepensionsregulator.gov.uk/press/tpr-welc…), seems highly favourable to us. 2/13
For one thing, in it, the government commits to strengthening the regulatory framework and @TPRgovuk's powers by introducing punitive fines for those who deliberately put pensions schemes at risk and criminal sanctions for those "found to have committed wilful or grossly ... 3/13
