Government called out on retrospective 'double U-turn' around TPR criminal powers

Hope William-Smith
clock • 2 min read

The government’s “double U-turn” on the retrospective use of the regulator’s new criminal powers in the Pension Schemes Act is creating damaging confusion, Lane Clark & Peacock (LCP) says.

This comes after The Pension Regulator (TPR) last week launched a consultation on how it will use new powers, including criminal powers, outlined in the Pension Schemes Act. Concerns over how th...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Regulation

PLSA publishes growth asset recommendations in report

PLSA publishes growth asset recommendations in report

Industry body provides recommendations for pension funds and government

Jasmine Urquhart
clock 12 August 2024 • 2 min read
IGG shares views on Mansion House reforms

IGG shares views on Mansion House reforms

Investment incentives with a risk guarantee should be considered for DB schemes, IGG says

Jasmine Urquhart
clock 14 September 2023 • 4 min read
Expect the general code in next few weeks, DWP says

Expect the general code in next few weeks, DWP says

Also says it is ‘unlikely’ steps to mandate for professional trustees will be taken

Holly Roach
clock 14 September 2023 • 2 min read
Trustpilot