UPDATED: MPs urge 'cultural change' at TPR post-Carillion; extra powers not enough

Stephanie Baxter
clock • 7 min read

Handing the pensions watchdog extra powers will not be enough without a significant overhaul of its culture and reputation, according to a damning report. Stephanie Baxter considers the criticisms

Enhanced powers and a ‘clearer, quicker, tougher' stance at the pensions watchdog will have little impact without a "substantial change of culture", two select committees have said in the glare of ...

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

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
HMRC clarifies information sharing for IHT on pensions

HMRC clarifies information sharing for IHT on pensions

Second technical note sets out process for scheme administrators within customer journey

Alex Levy
clock 28 August 2026 • 2 min read
Pension consultants call for greater awareness as scale of IHT change burden becomes clear

Pension consultants call for greater awareness as scale of IHT change burden becomes clear

Consultants expect significant operational challenge as reforms come in

Alex Levy
clock 21 August 2026 • 6 min read
Trustpilot