Secretive brewer, Samuel Smith admits that is unable to cooperate with the pensions regulator

Secretive brewer, Samuel Smith and its Chairman Humphrey Smith admitted not handing over documents requested in the investigation of the pensions regulator (TPR).

The investigation into the Yorkshire brewing company and the pub owner started in 2015, to make sure he was making enough money to support your final pension salary.

But TNA said that the company was unable to provide requested information by the deadline and so began the trial.

Both the company and Mr. Smith pleaded guilty at Brighton magistrates court forgetting or refusing to provide information and documents without a valid reason, in violation of article 77 (1) of the pensions Act 2004.

Mr. Smith was convicted based on the fact that he agreed or intentionally the crime or as a result of its negligence. TNA announced the information that he initially requested had already been provided.

Samuel Smith keeps his prices, selling its own brand of Beers and spirits

Credit:
Adermark media

The case, which was adjourned until June 6 for sentencing, the sixth record is provided of TPR against people or organizations for failing to provide him with the requested documents.

OTP Nicola parish said it was “the latest in a series of successful prosecutions tpr for such crimes.”

“It sends a clear signal to employers that we are serious when we ask for information,” she said.

“We demand it for a good cause as part of our work to protect pension savers. Anyone who does not cooperate with our requests also risk getting a criminal record”.

Pension automatic enrolment

TPR has the power to force the Pension Fund, employers and third parties to provide him with the information he requests. The lack of response to their demands for information is a criminal offence and can lead to an unlimited fine.

Samuel Smith Old Brewery, which was founded in Tadcaster in 1758, has a wide range of enterprises registered at companies house a sense of its sales and profits are not published within the same organization.

The size of these companies also means that the earnings should not be disclosed.

The company prides itself in offering some of the cheapest Beers in the country. This reduces costs at the expense of only their own brand of stocking drinks, including Scott Walker and vodka and rum and C # non-alcoholic beverages. He banned music over ten years ago, to avoid paying music copyright fees.

Samuel Smith Old Brewery did not respond to requests for comment.

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