
Louise Davey, Director of Regulatory Policy, Analysis and Advice at The Pensions Regulator explains why ignoring environmental, social and governance factors is no longer an option for trustees.
Continue readingLouise Davey, Director of Regulatory Policy, Analysis and Advice at The Pensions Regulator explains why ignoring environmental, social and governance factors is no longer an option for trustees.
Continue readingAs widely reported in the media, the UK economy has been through significant turbulence recently.
Increasing inflation, interest rates and fuel / energy prices have impacted both businesses and the public alike. In addition, according to the Bank of England’s monthly ‘Money and Credit’ statistics, the level of debt taken on by UK businesses has increased during the pandemic which has reduced resilience and there has been an increase in borrowing by small and medium-sized enterprises.
Continue readingNicola Parish, Executive Director of Frontline Regulation, explains why TPR is putting extra emphasis on compliance with environmental social governance and climate reporting duties in 2023 and what’s being asked of trustees.
Continue readingMuch has happened since I became Chief Executive of The Pensions Regulator (TPR) back in 2019, not least the inexorable march towards a new pensions reality in which savers bear far more risk and responsibility for their retirement choices.
That’s why I have made clear from the outset that TPR – working hand in hand with our partners – has a crucial role to play in ensuring those who run pensions help deliver the best possible outcomes for savers. I stand by that commitment.
Continue readingWhen someone buys a car, all sorts of different factors might influence which one they plump for.
Continue readingLike others, we welcomed news that the trustees of the two Arcadia Group pension schemes have agreed a buy-in with Aviva, securing benefits for 8,800 members of the schemes.
Continue readingExactly a year ago, I blogged that the underpinning principle of our revised defined benefit (DB) Funding Code was that schemes should have the necessary long-term funding approach to ensure savers have the best chance of receiving the benefits they expect.
Continue readingThe days of savers being left in small defined contribution schemes offering some benefits but little value are over, says David Fairs, TPR’s Executive Director of Policy, Analysis and Advice. Instead, it’s time for trustees to take advantage of available support and guidance to increase their skills in relation to investment decisions and take action to enable pension savers to access the investment opportunities that best support good outcomes — whether in their existing scheme or through consolidation.
Continue readingOur Equality, Diversity and Inclusion (EDI) Strategy sets out an ambitious roadmap for change.
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