Theresa May promises M&A veto powers for TPR if re-elected

James Phillips
clock • 2 min read

The Pensions Regulator (TPR) will be given powers to block certain mergers and acquisitions (M&As) to protect pensions if the Conservative Party is re-elected on 8 June.

"Unscrupulous bosses" could also face criminal prosecutions or fines where they have deliberately under-funded a defined benefit (DB) scheme or put it at risk, Theresa May announced on 29 April. ...

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

Government to reconsider rejection of Waspi compensation

Government to reconsider rejection of Waspi compensation

But it says rethink does not guarantee that financial redress will be awarded

Jonathan Stapleton
clock 12 November 2025 • 3 min read
Rachel Reeves looking to cap salary sacrifice contributions to £2,000 in Autumn budget

Rachel Reeves looking to cap salary sacrifice contributions to £2,000 in Autumn budget

Reports say chancellor has also decided against cutting pension lump-sum withdrawals

Jonathan Stapleton
clock 10 November 2025 • 3 min read
Box Clever members transfer to ITV Pension Scheme as long-running case concludes

Box Clever members transfer to ITV Pension Scheme as long-running case concludes

TPR has now ceased its regulatory action against ITV and associated entities

Jonathan Stapleton
clock 06 November 2025 • 2 min read
Trustpilot