Pensions regulator to take pub chain to court

The Pensions Regulator (TPR) has announced it is to prosecute the pub chain Samuel Smith Old Brewery (Tadcaster) and company chairman Humphrey Smith for failing to provide information and documents required for an ongoing TPR investigation

TPR sought details of the company’s finances 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 12 January 2018, requiring the information and documents to be provided by 26 January 2018.

The company and Humphrey Smith have been summoned to appear at Brighton Magistrates’ Court on Tuesday, 15 May 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 under section 72 of the Pensions Act 2004, contrary to section 77(1) of that Act.

Humphrey Smith is charged on the basis that the offence by the company was committed with his consent or connivance or by his neglect. Yorkshire-based Samuel Smith has around 200 pubs, largely in the north of England, as well as a handful of notable pubs in central London. 

Report by Pat Sweet

Pat Sweet |Reporter, Accountancy Daily [2010-2021]

Pat Sweet was the former online reporter at Accountancy Daily and contributor to the monthly Accountancy magazine, pub...

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