All The Pensions Regulator (TPR) articles – Page 4

  • News on the go
    News

    New British Steel scheme secures third buy-in

    2023-01-16T00:00:00Z

    On the go: The British Steel Pension Scheme has signed a £2bn buy-in with Legal & General, bringing the total liabilities insured to around 60 per cent.

  • Fotoware
    News

    TPR urges trustees to support DC savers amid economic challenges

    2023-01-13T00:00:00Z

    The Pensions Regulator has said savers must be supported during current economic volatility amid concerns the value of some defined contribution pots has fallen.

  • Pixabay/Pexels
    News

    Govt actuary calls for improved data on schemes' LDI strategies

    2023-01-13T00:00:00Z

    The government actuary has called on the Pensions Regulator to start collecting more data from defined benefit schemes about their liability-driven investments, among other suggestions to increase the visibility of risks associated with these strategies.

  • Seemitch/Dreamstime
    News

    DB schemes mull legal action against LDI asset managers

    2023-01-09T00:00:00Z

    Defined benefit schemes that suffered losses as a result of the recent market volatility are considering bringing legal claims against their asset managers and advisers, legal experts have warned.

  • News on the go
    News

    David Fairs leaves TPR to ‘pursue new challenges’

    2023-01-06T00:00:00Z

    On the go: David Fairs is leaving his role as executive director of regulatory policy, analysis and advice at the Pensions Regulator in March this year.

  • Stocknshares/iStock
    News

    Pensions Ombudsman orders rogue trustees to repay £12.6mn

    2023-01-03T00:00:00Z

    The Pensions Ombudsman has ordered a trio of pension scheme trustees to repay £12.6mn, after it found “multiple breaches of trust and many acts of maladministration”, which caused the loss of funds and impacted members’ pensions.

  • AscentXmedia/iStock
    Features

    How will DB schemes navigate 2023?

    2022-12-28T00:00:00Z

    How will DB schemes navigate 2023?Market turbulence, surging funding levels and new regulations look set to dominate defined benefit schemes again this yearEnterkeywords.sh_embed {position: relative;height: auto;width:100%;z-index: 0;overflow: hidden;background-color: #222;color: white;font-family: 'Lato', 'Helvetica Neue', Helvetica, Arial, sans-serif;}.sh_embed * {-webkit-box-sizing: border-box;-moz-box-sizing: border-box;box-sizing: border-box;}.sh_embed .sh-embed-bg {position: absolute;width: 110%;height: 110%;top: -5%;left: -5%;z-index: -1;background-color: rgba(0,0,0,.8);}.sh_embed ...

  • DWP
    News

    PPF urged to consider FCA authorisation

    2022-12-22T00:00:00Z

    The Department for Work and Pensions has encouraged the Pension Protection Fund’s board and executive to consider seeking authorisation by the Financial Conduct Authority, either for the PPF itself or for a subsidiary.

  • Knighterrant/iStock
    Features

    Will we see another ‘black swan’ year for pensions in 2023?

    2022-12-22T00:00:00Z

    Will we see another 'black swan' year for pensions in 2023? A tidal wave of new legislation and regulatory guidance is in store for scheme sponsors, trustees and pension professionalsEnterkeywords.sh_embed {position: relative;height: auto;width:100%;z-index: 0;overflow: hidden;background-color: #222;color: white;font-family: 'Lato', 'Helvetica Neue', Helvetica, Arial, sans-serif;}.sh_embed * {-webkit-box-sizing: border-box;-moz-box-sizing: border-box;box-sizing: border-box;}.sh_embed .sh-embed-bg {position: ...

  • News on the go
    News

    TPR appoints FCA’s Delfas as chief executive

    2022-12-21T00:00:00Z

    On the go: The Pensions Regulator has appointed Nausicaa Delfas as its new chief executive, taking over from Charles Counsell, who is due to step down from the role in March 2023.

  • News on the go
    News

    Pub ordered to settle tab over missing pension contributions

    2022-12-20T00:00:00Z

    On the go: The Pensions Ombudsman has ordered Town Wall Tavern to pay a former employee £1,000 and make up for missing pension contributions.

  • Nannakim/Dreamstime
    Features

    Yearly Roundup: Not enough consultations

    2022-12-20T00:00:00Z

    Yearly Roundup: Not enough consultationsEnterkeywords.sh_embed {position: relative;height: auto;width:100%;z-index: 0;overflow: hidden;background-color: #222;color: white;font-family: 'Lato', 'Helvetica Neue', Helvetica, Arial, sans-serif;}.sh_embed * {-webkit-box-sizing: border-box;-moz-box-sizing: border-box;box-sizing: border-box;}.sh_embed .sh-embed-bg {position: absolute;width: 110%;height: 110%;top: -5%;left: -5%;z-index: -1;background-color: rgba(0,0,0,.8);}.sh_embed #embed_article {display: none;}.sh_embed .sh-embed-img {display: block;zoom: 1;opacity: .5;width: 100%;height: 100%;object-fit: cover;image-rendering: optimizeSpeed;filter: progid:DXImageTransform.Microsoft.AlphaImageLoader(sizingMethod='scale');-ms-filter: "progid:DXImageTransform.Microsoft.AlphaImageLoader(sizingMethod='scale')";-webkit-filter: blur(5px);-moz-filter: blur(5px);-ms-filter: blur(5px);filter: blur(5px);filter: ...

  • Mariusz Blach/iStock
    News

    TPR warned of ‘levelling down’ in DB funding code consultation

    2022-12-19T00:00:00Z

    Respondents to the Pensions Regulator’s first consultation on its imminent defined benefit funding code have told the watchdog of their concerns over schemes “levelling down” to meet its fast-track valuation pathway, as well as noting their fears over a loss of flexibility.

  • David Brooks
    Opinion

    Inclusivity – the forgotten ‘I’ in ED&I for trustees

    2022-12-16T00:00:00Z

    Equality, diversity and inclusion – another three-letter acronym with growing impetus, and rightly so.

  • Olivierl/Dreamstime
    News

    Smaller schemes face ‘significant’ costs with TPR DB funding code

    2022-12-16T00:00:00Z

    While the Pensions Regulator foresees an initial hike in implementation fees followed by reduced costs in the long term, experts have warned that the new defined benefit funding code will be particularly onerous for small schemes.

  • EtiAmmos/iStock
    News

    Regulator dismisses delaying DB funding code due to LDI crisis

    2022-12-15T00:00:00Z

    The Pensions Regulator has denied a request from MPs to delay the launch of its defined benefit funding code consultation due to the recent market turmoil, justifying that the document already includes a section about systemic risk.

  • FangXiaNuo/iStock
    News

    TPR rejects claim of having pressured schemes into LDI

    2022-12-14T00:00:00Z

    The Pensions Regulator has pushed back against a suggestion put to the watchdog by MPs that it pressured some pension schemes towards liability-driven investments, when they did not think LDI was appropriate for them.

  • Gremlin/iStock
  • Pixabay
    News

    TPR ‘dials down leverage’ in DB funding code fast-track

    2022-12-13T00:00:00Z

    The Pensions Regulator has lowered the amount of leverage that it deems acceptable for schemes to have to meet the requirements for a “fast-track” valuation, as part of its new defined benefit funding code.

  • Leon Neal/Getty Images
    News

    Bank of England calls for LDI regulatory action from TPR

    2022-12-13T00:00:00Z

    The Bank of England has called for more regulatory action from the Pensions Regulator to ensure increased resilience in liability-driven investment funds, while supporting investment consultants becoming regulated by the Financial Conduct Authority.