TPR: 'Engage promptly' if sponsor is struggling

Regulator said trustees need the right skills to deal with a distressed situation

Holly Roach
clock • 2 min read
TPR executive director of frontline regulation Nicola Parish
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TPR executive director of frontline regulation Nicola Parish

The Pensions Regulator (TPR) has urged trustees who may be concerned their sponsoring employer is struggling or who are involved in discussions about a restructuring plan to engage with the regulator “promptly”.

In a blog today (8 March), TPR executive director of frontline regulation Nicola Parish urged trustees to involve the regulator at an early stage "when it becomes clear that trading for a sponsorin...

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