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 5,500...

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