Adviser argues for TPR/FCA merger after Consumer Duty 'failure'

Karen Ritchie wonders if The Pensions Regulator has ‘had its day’

Isabel Baxter
clock • 3 min read
Karen Ritchie
Image:

Karen Ritchie

With the Financial Conduct Authority’s (FCA) Consumer Duty now in force and The Pensions Regulator (TPR) not required to follow the guidelines, the idea of a merger of the two regulators has re-emerged.

Karen Ritchie Financial Planning director Karen Ritchie tells Professional Adviser that she struggled when dealing with pension provider James Hay in a pension sharing case. In this case, Ritchi...

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

Isabel Baxter
Author spotlight

Isabel Baxter

Senior Reporter at Professional Adviser

View profile
More from Isabel Baxter

IHT on pensions pre-55 slammed as 'brutal'

Bank of England meets expectations and cuts rates to 4%

More on Law and Regulation

TPR warns trustees face jail or fines if they break employer-related investment rules
Law and Regulation

TPR warns trustees face jail or fines if they break employer-related investment rules

Regulator’s warning follows intervention report into scheme where trustees broke ERI rules

Martin Richmond
Martin Richmond
clock 14 August 2025 • 3 min read
CDC could signal 'new era' for pensions adequacy
Law and Regulation

CDC could signal 'new era' for pensions adequacy

CDC will lead to rethink of scheme governance, decision-making and member comms

Jonathan Stapleton
Jonathan Stapleton
clock 12 August 2025 • 2 min read
IHT on pensions pre-55 slammed as 'brutal'
Law and Regulation

IHT on pensions pre-55 slammed as 'brutal'

HMRC confirms those under minimum pension age will see IHT applied on their pots

Isabel Baxter
Isabel Baxter
clock 12 August 2025 • 2 min read
Trustpilot