Increasing TPR powers vital to protect DB schemes

From the blog: The white paper on protecting defined benefit schemes will go under the spotlight on Wednesday with both the Pensions Regulator and pensions minister giving oral evidence to the Work and Pensions Committee as part of its inquiry.

One key proposal – to be discussed during tomorrow’s hearing – is the strengthening of the regulatory framework and giving the regulator greater enforcement and information gathering powers.

This could help avoid or mitigate situations like that of Carillion and BHS, and would be a very positive step forward.

Click here to read the full blog post.