TPR shows it is serious about its new ‘clearer, quicker, tougher’ mantra
Partner and head of Sackers’ pensions and investment litigation team Peter Murphy has commented on what pension schemes can expect from an increasingly interventionist The Pension Regulator (TPR) following the publication of its corporate plan for 2018 – 2021.
With the DWP currently consulting on increasing and strengthening TPR’s powers, Murphy writes that “if the radical overhaul of the regulator’s powers proposed in the consultation is implemented in its current form, it will undoubtedly raise the stakes considerably for trustees and employers“.
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