A consultation has been launched on granting stronger powers to The Pensions Regulator (TPR) as the government seeks to address "misuse" of flexibilities in the defined benefit (DB) funding system.
The Department for Work and Pensions (DWP) has today (26 June) issued a call for industry views on enhanced regulatory powers, including punitive powers where intentional damage is done to a DB sch...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date