Regulation
UK Pension Regulator Targets Plans for Climate, ESG Non-Compliance
TPR is warning trustees they could be fined up to £50,000 if they don’t provide key ESG data.
Tag: TPR
UK Regulator TPR Names Nausicaa Delfas Chief Executive
She will succeed Charles Counsell who is stepping down at the end of March.
Regulation
Regulator Calls on UK Trustees to Prepare for Next Bond Market Meltdown
The Pensions Regulator wants LDI-driven plans to be ready if yields suddenly jump like they did in September.
Pensions
U.K. Regulator Says Pension Trustees Are Not Prioritizing Diversity, Inclusion
TPR has published an ED&I action plan in response to ‘worrying’ research showing that trustees are doing too little.
Newsmakers
Charles Counsell to Step Down as TPR CEO
Counsell, who took the post in 2019, will leave at the end of March 2023.
Regulation
UK Regulator Launches Pension Spot Check Inspections
The Pensions Regulator has also published for consultation a new enforcement and prosecution policy.
Newsmakers
UK Regulator Anoints Clara-Pensions as First DB Superfund
The consolidation of pension funds is intended to provide a more efficient alternative to bulk annuities.
Pensions
Sanofi Agrees to Bolster Pension, Match Dividends with Plan Contributions
TPR pressures French biopharmaceutical company to boost UK defined benefit plan funding.
Pensions
UK Pensions Face Enforcement Action Over Climate Disclosures
The Pensions Regulator warns trustees not to shirk their climate risk disclosure responsibilities.
Research
UK Regulator TPR Says DC Pensions Falling Behind on Climate Change
Survey finds that only 43% of defined contribution plans’ investment strategies consider climate change.
Risk
Nearly £31 Million Lost to UK Pension Fraud in Three Years
Regulators say amount is likely even higher as many scams are unreported or unnoticed for years.
Research
UK Corporate Pension Funding Hammered by Pandemic in April
FTSE 350 company plans swing to £52 billion deficit from £10 billion surplus during the month.
Risk
TPR Gives Broadcaster Six Months to Fund Collapsed Pension
Eight-year battle with pension regulator ended after Supreme Court rejected final challenge.
Research
UK Defined Benefit Code Revision ‘Biggest Revolution’ in 15 Years
The Pensions Regulator publishes consultation on British defined benefit investing regulations.
Regulation
UK Charity CEO Jailed for Five Years for Raiding Pension for Disabled
Regulator says fund was stolen from to buy homes in France and England.