TPR: Report scams or you are failing to protect savers

Just 400 schemes and organisations have so far signed the pledge

James Phillips
clock • 1 min read
TPR executive director of frontline regulation Nicola Parish
Image:

TPR executive director of frontline regulation Nicola Parish

Trustees need to be more proactive in reporting suspected scams or they are failing to protect savers, The Pensions Regulator (TPR) has warned.

While the watchdog issued its Pledge to Combat Pension Scams in November 2020, just 398 schemes and organisations have signed up. This is out of around 28,000 defined contribution (DC) schemes and ...

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 Industry

First Actuarial reports 17% rise in revenue

First Actuarial reports 17% rise in revenue

Consultancy posts third successive year of double-digit growth with £45m of revenue

Jonathan Stapleton
clock 07 October 2025 • 2 min read
Overcoming Pensions Commission challenges 'not an easy path to tread'

Overcoming Pensions Commission challenges 'not an easy path to tread'

Body must overcome several challenges to replicate Turner Commission success

Holly Roach
clock 06 October 2025 • 2 min read
Buzz: Should private savings in pensions become compulsory?

Buzz: Should private savings in pensions become compulsory?

Compulsory pension savings, statutory indexation extension and Pensions Commission

Professional Pensions
clock 06 October 2025 • 1 min read
Trustpilot