Steelworkers left to fend for themselves 'while Rome burns', Field's committee says

James Phillips
clock • 5 min read

Ensuring British Steel workers were well-equipped to make a decision on their future pension provision was "afforded insufficient priority", and the regulator now needs to review the process, the Work and Pensions Committee (WPC) has said.

Publishing its conclusions of the inquiry into advice given to steelworkers, the parliamentary committee criticised The Pensions Regulator (TPR), the Pension Protection Fund (PPF), and the governme...

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

SPP Conference 2026 - Government committed on fiduciary duty guidance update

SPP Conference 2026 - Government committed on fiduciary duty guidance update

Guidance should enable trustees to make the 'best' decision for their members

Martin Richmond
clock 25 September 2026 • 2 min read
FCA figures reveal surge in pension withdrawals over past two years

FCA figures reveal surge in pension withdrawals over past two years

Total value withdrawn has jumped from £53.6m in 2023/24 to £91.2m in 2025/26

Jonathan Stapleton
clock 24 September 2026 • 3 min read
Action needed now on salary sacrifice to minimise disruption

Action needed now on salary sacrifice to minimise disruption

LCP says early preparation will help employers navigate the transition

Jonathan Stapleton
clock 24 September 2026 • 2 min read
Trustpilot