TPR

The government's decision to allow anyone over the age of 55 to take their entire pot as cash has the potential to drive up liberation cases, The Pensions Regulator (TPR) has said.

The Pensions Regulator (TPR) and the Financial Conduct Authority (FCA) have clarified their responsibilities in overseeing the pensions market following this week's reform announcements.

Deregulation of the flexible drawdown market would be required to ensure changes under the Budget 2014 are effective, industry experts say.

This week, respondents were keen on financial education as an antidote to a poorly-functioning annuities market.

Slightly more Buzz contributors thought The Pensions Regulator (TPR) should have more auto-enrolment (AE) compliance resources than not.

Just under half of participants thought The Pensions Regulator (TPR) should regulate annuity brokers.

One in 10 (11%) of The Pensions Regulator's 590 investigations into auto-enrolment (AE) non-compliance was triggered by whistleblowing reports.

The Pensions Regulator's (TPR) search for a new chief executive to take up the role vacated by Bill Galvin last June continues, a spokeswoman has confirmed.

The Pensions Regulator (TPR) has appointed Mark Boyle as chairman from 1 April for a four-year term, replacing Michael O'Higgins, the Department for Work and Pensions (DWP) has confirmed.

Trustees' knowledge of auto-enrolment (AE) has "remained largely unchanged" between spring and autumn 2013, The Pensions Regulator (TPR) says.