1. After due consultation with stakeholders, legislation is expected to be introduced in 2021 and will potentially criminalize senior management and anyone involved in the mismanagement of pension schemes. What kind of problems do you think will be encountered in the application of such a law? More than 10 million people are enrolled in pension schemes at work but their trust in the ability to save for retirement needs to be better protected. In February 2019 when Amber Rudd was Work and Pensions Secretary, she stated that current sanctions were not enough to ensure the proper protection of workers’ pensions. She introduced her intention to punish ‘wilful and reckless behaviour’ regarding pension schemes with unlimited fines and prison terms of up to seven years for the worst offenders.