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

What does Europes record wildfire season signal to insurers
Within a single week in July, France recorded its most devastating wildfire outbreak in at least half a century; Spain recorded the largest wildfire
Getting the balance right on SSAS transfers
Pension scams remain a significant concern for regulators, trustees and pension providers. As the Department for Work and Pensions (DWP) considers fur
Increasing resilience across an interlinked financial system
As firms increasingly rely on common third party service providers, delivering operational resilience is no longer just about your own individual orga

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.