TPR

Robin Ellison says The Pensions Regulator should take a Marie Kondo approach to reform

Review will examine how the regulator is performing and where it can improve

Christina Bowyer says trustees need to start showing progress on diversity and inclusion

House of Lords committee also says pension accounting standards need review

TPR has been urged to simplify the draft DB funding code to avoid burden on schemes

Regulator policy spokesman also says ‘year of the trustee’ will not be 2023

Number of DC schemes decreased by approximately 2.5% in 2022

TPR says it will work with DWP to ensure the code supports the evolving maturity of funds

BSPS completes £2bn buy-in with L&G and WTW predicts £60bn of DB de-risking in 2023

The industry does not believe new leadership at TPR will lead to significant change