'Tread carefully' with TPR's new powers, industry warns

Schemes and sponsors urged to establish clear audit trails around any decisions

James Phillips
clock • 2 min read
Lane Clark & Peacock partner Jonathan Camfield
Image:

Lane Clark & Peacock partner Jonathan Camfield

Any person involved in the running of a pension scheme needs to “tread carefully” as they navigate the latest powers granted to The Pensions Regulator (TPR), they have been warned.

The watchdog yesterday (29 September) issued its final revised criminal offences policy, just two days ahead of two new offences being added to its regulatory toolkit. On 1 October, the watchdog...

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

Join now

 

Already a Professional Pensions member?

Login

More on Law and Regulation

Judicial review begins into decision to replace RPI

Judicial review begins into decision to replace RPI

The hearing could have significant ramifications for schemes if successful

Jonathan Stapleton
clock 21 June 2022 • 2 min read
GMB takes Bolt to tribunal in employment and pension fight

GMB takes Bolt to tribunal in employment and pension fight

Legal action launched over denial of employment and pension benefits

Martin Richmond
clock 16 June 2022 • 1 min read
Steve Webb: Progress made but more yet to be done

Steve Webb: How far have we come on pensions policy?

Former minister says Guy Opperman’s five years in office have seen progress in a number of key areas

Steve Webb
clock 10 June 2022 • 5 min read
Trustpilot