Employers and trustees of schemes eligible for Pension Protection Fund (PPF) entry have a statutory duty to notify The Pensions Regulator (TPR) if certain events occur in relation to the scheme or its sponsor.
Employers could be “left guessing” after The Pensions Regulator (TPR) “failed to expand the clearance process” for key business decisions, according to Lane Clark & Peacock (LCP).
This week’s top stories include The Pension Regulator’s confirmation on the imminent enforcement of its criminal powers, and Russell and Capita’s £1.5bn fiduciary deal.