The Pensions Regulator has suspended independent trustee firm GP Noble from acting as trustee for a number of pension schemes.
In a statement the regulator said: "The Pensions Regulator decided that it was appropriate to suspend GP Noble, and replace [it] as independent trustee, from a number of schemes. This was due to [its] actions in relation to certain schemes giving cause for concern."
It added that members' benefits are not at risk.
The case is subject to an on-going investigation.
A spokesman for GP Noble said that it was unable to comment.
Debbie Lovewell-Tuck is a business journalist with 20 years’ experience specialising in pay, reward and HR. She joined Employee Benefits as a reporter in 2003, before becoming editor in 2015. Debbie is also responsible for editorial content across Employee’ Benefits events, including Employee Benefits Live and the Employee Benefits Awards, as well as hosting Employee Benefits’ webinars.View full profile
