Why TPR's stronger powers could be a boon, not a threat

While worries are high, experts believe the new powers could strengthen protections

James Phillips
clock • 6 min read
Why TPR's stronger powers could be a boon, not a threat

Consternation has been rife across the pensions industry over boosted powers for The Pensions Regulator (TPR) and how they could be used to penalise anyone involved in the running of a pension scheme if things go wrong.

The watchdog's criminal offences policy, confirmed at the end of September ahead of its enforcement from 1 October, details how it will respond to issues around avoidance of employer debt, and cond...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Law and Regulation

The costs of delaying an increase in AE contributions

The costs of delaying an increase in AE contributions

Standard Life and WPI Economics report estimates costs across three key areas

Jonathan Stapleton
clock 26 April 2024 • 3 min read
TPR: Possible new DB offering for DC savers 'needs careful thought'

TPR: Possible new DB offering for DC savers 'needs careful thought'

Regulator considers if it can support Pension SuperHaven style solutions for DC savers

Jonathan Stapleton
clock 25 April 2024 • 3 min read
TPR publishes annual DB funding statement

TPR publishes annual DB funding statement

TPR offers three different strategies for schemes depending on funding levels

Jasmine Urquhart
clock 24 April 2024 • 4 min read
Trustpilot