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

TPR fines Now Pensions and trustee £50,000 each for reporting failures

TPR fines Now Pensions and trustee £50,000 each for reporting failures

Two fines given relating to ‘historic failures’ to report significant communication errors

Jasmine Urquhart
clock 18 July 2025 • 2 min read
Government and industry 'united' in determination to drive returns and boost UK investment

Government and industry 'united' in determination to drive returns and boost UK investment

Reeves said measures in the Pension Schemes Bill will mean larger and more powerful pots of funding invested productively

Professional Pensions
clock 16 July 2025 • 1 min read
AI and cyber risk in pensions: A litigator's perspective

AI and cyber risk in pensions: A litigator's perspective

Chris Edwards-Earl says risks can be managed if they are acknowledged and understood

Chris Edwards-Earl
clock 15 July 2025 • 4 min read
Trustpilot