Timms: Watchdogs powerless on online scam ads

WPC chair says government needs to boost legislation to tackle paid-for ads

James Phillips
clock • 3 min read
WPC chair Stephen Timms. Credit: UK Parliament
Image:

WPC chair Stephen Timms. Credit: UK Parliament

The fragmentation of pension regulators has made pension scams “very difficult to deal with”, Stephen Timms says as he continues to urge for greater joined-up work.

There needs to be a "much clearer and more organised regulatory response", the Work and Pensions Committee (WPC) chair said, speaking at the Pensions and Lifetime Savings Association (PLSA) annual ...

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

Growth in DC pots likely to lead to increased fraud risk, pensions minister says

Growth in DC pots likely to lead to increased fraud risk, pensions minister says

Torsten Bell says expanding DC pots will attract increased attention from fraudsters

Martin Richmond
clock 10 June 2026 • 2 min read
Industry praises consultation on DB surplus release

Industry praises consultation on DB surplus release

Sector welcomes the additional clarity but warns ‘the devil will be in the detail’

Holly Roach
clock 10 June 2026 • 10 min read
Industry backs revised transfer regs but calls for 'clear and practical' guidance

Industry backs revised transfer regs but calls for 'clear and practical' guidance

Industry welcomes key changes to traffic-light transfer conditions

Jonathan Stapleton
clock 10 June 2026 • 5 min read
Trustpilot