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TPR succeeds in claim for misappropriation of assets (The Pensions Regulator v Payae Ltd)

TPR succeeds in claim for misappropriation of assets (The Pensions Regulator v Payae Ltd)
Published on: 29 January 2018
Published by: LexisPSL
  • TPR succeeds in claim for misappropriation of assets (The Pensions Regulator v Payae Ltd)
  • What are the practical implications of this case?
  • What was the background?
  • What did the court decide?
  • Was dishonesty a necessary ingredient of PeA 2004, s 16?
  • Case details

Article summary

Pensions analysis: The High Court held that four defendants were concerned in the misuse or misappropriation of the assets of an occupational pension scheme under section 16 of the Pensions Act 2004 (PeA 2004). The court also concluded that the involvement of the defendants in the misuse or misappropriation of the assets was dishonest. or take a trial to read the full analysis.

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