The Department for Work and Pensions (DWP) is seeking views on two sets of regulations concerning The Pension Regulator’s (TPR) powers, as well as on measures to allow defined contribution (DC) schemes to invest more easily in a broader range of asset classes.
The consultation on TPR powers - which opened yesterday (18 March) - builds on changes to powers introduced in the Pension Schemes Act in February. Plans to encourage DC schemes to invest in high-growth...
Quilter has called upon the government to take action to clamp down on the dramatic rise in investment scams over the past year by including these within the scope of the forthcoming Online Safety Bill.
Integrate net zero targets into regulation
Guidance to help trustees comply with climate disclosure rules will also call on them to “act now” to protect pension savers from climate risk, The Pensions Regulator (TPR) says.
Calls for 'scam prevention minister' resurface as government grapples with industry for more support
The scam ‘epidemic’ across the pensions industry needs better government intervention in the form of a specifically appointed minister, AJ Bell has reiterated.
The government’s “double U-turn” on the retrospective use of the regulator’s new criminal powers in the Pension Schemes Act is creating damaging confusion, Lane Clark & Peacock (LCP) says.