TPR

A man has been arrested on suspicion of fraud after The Pensions Regulator (TPR) and the police launched an investigation over concerns savers were lured into poorly-run pension schemes.

In this week's Pensions Buzz, we want to know if The Pensions Regulator (TPR) is taking the right approach by naming and shaming schemes which breach their auto-enrolment (AE) duties.

The directors of collapsed construction giant Carillion were "contemptuous" of funding their defined benefit (DB) pension schemes, and "refused to give an inch", Frank Field has alleged.

The Pensions Administration Standards Association (PASA) has launched a checklist to help trustees with the rectification process for guaranteed minimum pensions (GMP).

This week's top stories included The Pensions Regulator naming schemes and trustees for chair's statements failures, and coverage of the final day of the Box Clever case in the Upper Tribunal.

Most respondents believe watchdog's powers should not apply to events before they came into force.

The Pensions Regulator (TPR) has named six schemes and their professional trustees which failed to produce compliant chair's statements.

The Sea Containers 1983 Pension Scheme has been fully insured in a bulk annuity deal completed by Aviva, almost a decade after receiving the regulator's first financial support direction (FSD).

Ensuring British Steel workers were well-equipped to make a decision on their future pension provision was "afforded insufficient priority", and the regulator now needs to review the process, the Work and Pensions Committee (WPC) has said.

This week we want to know whether investment strategies are becoming too complex for the average member-nominated trustee without having actuarial and legal advice.