Labour sets up regulatory review in pledge to block further 'Carillion scandals'

James Phillips
clock • 2 min read

The Labour party will hold an independent review of financial services regulatory bodies in the wake of the collapse of construction giant Carillion.

In a speech on 19 May, shadow chancellor John McDonnell said regulators - including The Pensions Regulator (TPR) - had "failed to do their jobs" in the run-up to the company's failure. The party...

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

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Law and Regulation

AI data regulations should include pension perspective, says Zedra

AI data regulations should include pension perspective, says Zedra

Data regulation should clarify accountability and governance for trustees

Alex Levy
clock 14 September 2026 • 1 min read
Could pension pots solve the housing crisis?

Could pension pots solve the housing crisis?

Vidett’s Alison Hatcher chats to LCP partner and former pensions minister Steve Webb

Alison Hatcher
clock 09 September 2026 • 6 min read
DWP launches consultations on GMP conversion regs and fixed rate revaluation levels

DWP launches consultations on GMP conversion regs and fixed rate revaluation levels

DWP seeks views on draft GMP conversion regs and revaluation rates for early leavers

Jonathan Stapleton
clock 03 September 2026 • 2 min read
Trustpilot