Articles - TPR welcomes new powers to protect savers in master trusts


Andrew Warwick-Thompson, Executive Director for Regulatory Policy at The Pensions Regulator welcomes the Pension Schemes Bill. The Pensions Regulator (TPR) today welcomed the Government’s Pension Schemes Bill which will give it tough new powers to regulate master trust schemes.For the first time, TPR will have the power to authorise and de-authorise master trusts according to strict authorisation criteria. TPR views authorised master trusts as the lynchpin of the development of a sustainable and safe occupational DC schemes’ market. Andrew Warwick-Thompson, Executive Director for Regulatory Policy at TPR, said: “We have long called for much stricter controls on master trust schemes and voiced our concerns over the current very low barrie

 

Back to Index


Similar News to this Story

New strategic options for DB pension schemes
The next phase of Mansion House reforms is upon us! On 23rd February the government published a consultation on proposals that will open up two new st
Five Hundred Twenty Five Thousand Extra In Interest
The aim of raising interest rates is to slow down the economy, by reducing demand and making financing more expensive. This makes sense as a mechanism
Next steps with the General Code
Whether you have already completed initial assessments or are starting the work now, this webinar from Barnett Waddingham will take you through the ne

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.