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

Group income protection a tool most employers miss out on
The UK government is keen to reduce the number of long-term sick people of working age. But organisations are overlooking a benefit which could avert
How to reduce costs and improve retirement outcomes
When the Tapered Annual Allowance (TAA) was introduced in 2016, it had the potential to impacted anyone with taxable income of £110k or more. Exceedin
Exploring the intellectual property insurance landscape
Intangible assets as a percentage of enterprise value have increased exponentially. While not physical in nature, inventions, brands, all works of cre

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.