Tag Archives: Regulator
Helping trustees and employers understand their options in defined benefit pensions
I am pleased to publish this blog by Patrick Coyne, it was originally published here. 03 June 2025 / Patrick Coyne For The Pension Regulator’s (TPR’s) whole existence we have worried about scheme deficits and a lack of longer-term planning. When a … Continue reading
Helping the Regulator innovate
There is a lot in the press this week about pension innovation, some about Pension SuperHaven, but most – rightly – about the opening of Royal Mail’s CDC plan – on Monday (7th October). It’s taken 6 years for Royal … Continue reading
The quiet revolution at the Pensions Regulator
In a submission to the Work and Pensions select committee inquiry into DB pensions, The Pensions Regulator encourages broader consideration of a wider role for the PPF. pic.twitter.com/g2ACSuAEPe — Josephine Cumbo (@JosephineCumbo) June 12, 2023 I’ve written several times recently … Continue reading
Should regulators be enforcers?
Tim Thomas asked this question at a TTF seminar this lunchtime. His conclusion was they considered themselves a world-class regulator and a reluctant enforcer. From comments made by Andrew Bailey (former CEO) and Mark Steward (former head of enforcement) … Continue reading
Posted in pensions
Tagged action fraud, Al Rush, BSPS, Enforcer, FCA, Pension Life, Regulator, TPR, True and fair, TTF
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So what would a pension exit charge cap look like?
Yesterday I spoke on Money Box in support of a cap on exit fee penalties from legacy personal pensions. Claire Trott spoke well in opposition and I’m quite sure that the ABI will take comfort in her argument that a … Continue reading
Posted in actuaries, dc pensions, Pension Freedoms, pensions, Pensions Regulator
Tagged ABI, advice, Commission, exit fees, exit penalties, FCA, legacy, pension, Regulator, TPR
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An alarming gap in pension regulation
In this world, the best lack all conviction, while the worst are filled with a passionate intensity Continue reading
Posted in auto-enrolment, Pension Freedoms, pension playpen, pensions
Tagged auto enrolment, Business, corporate risk, DWP, employers, FCA, Financial services, Government, master trust, National Employment Savings Trust, NEST, pension, Pension new, pension playpen, Regulator, Retirement, Royal Assent, the Pensions Regualtor, Treasury, workplace Pensions
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The Pension Industry cannot serve two masters
Pensions are at a crossroads. For 30 years they have been travelling in the direction of the financial services and we could continue that direction of travel. We could turn left and go Dutch or turn right and adopt the American … Continue reading
Posted in auto-enrolment, dc pensions, NEST, pensions, Retirement
Tagged Auden, CDC, Denmark, Dutch, Founder, governance, IGC, pensions, regulation, Regulator, trustee, US, Watershed
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Make AE tardy bosses a “cause of innocent merriment”.
My object all sublime The stated purpose of auto-enrolment is to include 11m people currently excluded from pensions savings in good quality workplace pension schemes so they can receive more from the pensions system than their state pension entitlement. I … Continue reading
“Ex dolo malo non oritur action” – the mysteries of pension liberation
it seems that the Regulator is right in saying it has not itself threatened trustees, merely pointed out the threat that exists from the Regulations Continue reading
“Comply or explain” – will “bottom up” regulation work for pensions?
“Comply or Explain” is a phrase that crept into the “corporate governance” lexicon after the 1992 Cadbury report. The idea’s that rather than demand compliance with Government standards, regulators give companies the option to comply or explain why they haven’t. … Continue reading
Posted in auto-enrolment, club pension, corporate governance, customer service, Fiduciary Management, Financial Education, napf, NEST, pension playpen, pensions, Retirement
Tagged Comply or explain, Employment, Government, Martin Lewis, National Employment Savings Trust, pension, Pension Regulator, Regulator
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