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

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

Rory Murphy: A call for a permanent, independent pensions commission

Rory Murphy: A call for a permanent, independent pensions commission

Body would assess the pensions system and make policy recommendations to ministers

Jonathan Stapleton
clock 18 July 2024 • 2 min read
TPO upholds Nest member's complaint against employer over unpaid contributions

TPO upholds Nest member's complaint against employer over unpaid contributions

Employer ordered to pay £680 in missing contributions and an additional £1,000

Martin Richmond
clock 18 July 2024 • 2 min read
ACA writes to pensions minister calling for 'holistic' legislation approach

ACA writes to pensions minister calling for 'holistic' legislation approach

ACA writes to pensions minister and economic secretary urging clarification on regulatory issues

Jasmine Urquhart
clock 18 July 2024 • 2 min read
Trustpilot