TPR's General Code comes into force

WTW research shows average scheme is 87% compliant with the code

Jasmine Urquhart
clock • 4 min read
TPR's General Code of Practice has come into effect today, with many schemes having already completed a gap analysis
Image:

TPR's General Code of Practice has come into effect today, with many schemes having already completed a gap analysis

The Pension Regulator’s (TPR) General Code of Practice is set to come into force before Easter, meaning schemes will need to comply with governance requirements.

The code, which consolidated ten of the regulator's existing codes and introduced new requirements earlier this year, comes into force following a draft ‘single code' of practice published in 2021....

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

More on Law and Regulation

The costs of delaying an increase in AE contributions

The costs of delaying an increase in AE contributions

Standard Life and WPI Economics report estimates costs across three key areas

Jonathan Stapleton
clock 26 April 2024 • 3 min read
TPR: Possible new DB offering for DC savers 'needs careful thought'

TPR: Possible new DB offering for DC savers 'needs careful thought'

Regulator considers if it can support Pension SuperHaven style solutions for DC savers

Jonathan Stapleton
clock 25 April 2024 • 3 min read
TPR publishes annual DB funding statement

TPR publishes annual DB funding statement

TPR offers three different strategies for schemes depending on funding levels

Jasmine Urquhart
clock 24 April 2024 • 4 min read
Trustpilot