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

  • 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

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Industry

 Trustee Senate Residential: Final places remaining

Trustee Senate Residential: Final places remaining

PP’s flagship residential event will take place on 18-19 April at Fanhams Hall hotel in Ware

Professional Pensions
clock 27 March 2024 • 1 min read
Buzz: Should Waspi women be compensated for SPA communication failures?

Buzz: Should Waspi women be compensated for SPA communication failures?

Waspi women, dashboards staging and corporate sole trustee

Professional Pensions
clock 26 March 2024 • 1 min read
Industry reacts to WPC report on DB schemes

Industry reacts to WPC report on DB schemes

Industry welcomes findings of report which called for improvements to DB surplus management

Jasmine Urquhart
clock 26 March 2024 • 4 min read
Trustpilot