TPR gets tough master trust powers in Pensions Bill

Stephanie Baxter
clock • 3 min read

The Pensions Regulator (TPR) will have "game changing" powers to regulate master trusts under a Pensions Schemes Bill, published today.

After the watchdog has long warned about the low barriers to entry for master trusts, it will now have the power to authorise and de-authorise them for the first time. The first reading of the b...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

'Sludge practices' and 'misuse' of anti-scam rules blamed for transfer delays

'Sludge practices' and 'misuse' of anti-scam rules blamed for transfer delays

Coalition of platform providers calls for fundamental reform of the system

Jonathan Stapleton
clock 13 March 2026 • 3 min read
Lords move to increase salary sacrifice cap to £5,000 'a pragmatic step'

Lords move to increase salary sacrifice cap to £5,000 'a pragmatic step'

Amendments will reduce or remove the impact of changes to salary sacrifice for most savers

Jonathan Stapleton
clock 12 March 2026 • 4 min read
SPP highlights 'practical challenges' with FCA's ESG rating proposals

SPP highlights 'practical challenges' with FCA's ESG rating proposals

Body says implementation ‘must be practical’ and that sharper definitions are needed

Jonathan Stapleton
clock 12 March 2026 • 1 min read
Trustpilot