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
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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...

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Isabel Baxter
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Isabel Baxter

Senior Reporter at Professional Adviser

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