A "tentative and apologetic approach is ingrained" at The Pensions Regulator (TPR) but its leadership is not equipped to make the cultural change required for more effective oversight, MPs have said in a letter to the regulator.
While there is a "desperate need" for "substantial" change, the watchdog is failing to set itself "stretching targets" with current aims for the next three years "very modest in scope". The comm...
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