TPR
Obscurity in TPR criminal sanctions guidance makes industry anxious
The Pensions Regulator (TPR) has failed to assuage concerns over its enhanced criminal sanctions regime with the industry continuing to call for clarity.
A landmark moment for pension scheme regulation
Matthew Swynnerton explores the impacts of the Pension Schemes Act 2021
What TPR's reports tell us about pre-pack deals
Luke Hartley looks at recent cases involving House of Fraser, Silentnight and Johnston Press
TPR's new criminal offences - how much has really changed?
Geoff Egerton looks at how the criminal sanctions regime will impact the pensions industry
Three in court in connection with £14m pension fraud
Three people have appeared in court in connection with an investigation into pension fraud totalling nearly £14m.
Five stories you may have missed this week
This week’s top stories included Isio’s first financial results, while the Association of British Insurers insured 191 members’ benefits in a £26m buy-in with Aviva.
Investigating and prosecuting: TPR's draft policy to the rescue?
Clive Weber explores how the recent draft policy on new criminal sanctions explains TPR's future approach.
TPR climate strategy targets trustee regulatory compliance
Guidance to help trustees comply with climate disclosure rules will also call on them to “act now” to protect pension savers from climate risk, The Pensions Regulator (TPR) says.
PPF raises fraud compensation fund levy to maximum allowed level
The Pension Protection Fund (PPF) has confirmed its fraud compensation fund (FCF) needs to raise a levy of 75p per member, and 30p for master trusts in 2021/2022 — the maximum allowed under current regulations.
PP Monthly Digest: March 2021
Here it is, our monthly digest of the most important pension articles Professional Pensions has written and published over the last month, along with some contextual notes.
TPR data reveals further consolidation in occupational DC market
The occupational defined contribution (DC) market consolidated further in 2020 with the number of trust-based plans falling substantially during the year, latest data from The Pensions Regulator (TPR) reveals.
WPC calls for 'quick and decisive' action to prevent pension scams
The Work and Pensions Committee (WPC) has urged the government and regulators to “act quickly and decisively” to protect pension savers from scams.
Five stories you may have missed this week
This week’s top stories include the government’s renewed focus on superfunds and Smart Pension’s commitment of £100m to a defined contribution private market default strategy.
New climate strategy for TPR will focus on trustee support
A climate strategy for The Pensions Regulator (TPR) is set to be announced in the coming weeks which will support trustees as they carry out work to meet the new Task Force on Climate-related Financial Disclosures (TCFD) requirements.
TPR publishes policy statement on settlements
The Pensions Regulator (TPR) has published its settlement policy — setting out its approach for negotiating and concluding settlements of its regulatory or civil enforcement action.
TPR: Increasing number of firms to look to consolidators and superfunds as funding improves
Companies are increasingly looking to consolidators, superfunds and other sophisticated financial structures to help remove their defined benefit (DB) liabilities, The Pensions Regulator (TPR) says.
TPR warns pension schemes to step up scam reporting
The Pensions Regulator (TPR) has called on the pensions industry to step up to stop scammers following a “concerning” long-term drop in reporting.
Pensions fraud suspect extradited to UK in TPR first
The Pensions Regulator (TPR) has secured the extradition of a suspected fraudster following engagement with the Metropolitan Police.
DWP opens consultations on TPR powers, DC investments and charge cap barriers
The Department for Work and Pensions (DWP) is seeking views on two sets of regulations concerning The Pension Regulator’s (TPR) powers, as well as on measures to allow defined contribution (DC) schemes to invest more easily in a broader range of asset...
Five stories you may have missed this week
This week’s top stories include Axa’s deferred longevity swap with Hannover Re, and Capita’s restructuring plans for simplifying the business.
Current pension cybercrime situation 'not a pretty picture' as attacks almost double during Covid
The current situation of cybercrime in the pensions industry is a growing concern, with attacks almost doubling during the Covid-19 pandemic, according to industry experts.
TPR consults on 149-page single code of practice
The Pensions Regulator (TPR) has launched a consultation on amalgamating ten of its 15 codes of practice into a single 149-page document.
TPR landscape report reveals continuing decline in DB scheme numbers
The number of defined benefit (DB) schemes open to new members of future accrual fell again over the past year, continuing the long-term trend to scheme closure and wind-up, latest data from The Pensions Regulator (TPR) reveals.
TPR launches consultation on criminal sanctions policy
The Pensions Regulator (TPR) has launched a consultation on how it plans to use new criminal powers to investigate and prosecute those who commit criminal offences.
Most read
