Thornton considers pensions body merger - papers 8th March

clock

A merger between the UK's newest regulatory bodies for pensions - the Pensions Regulator and the Pension Protection Fund - has been floated by Paul Thornton, the man appointed to conduct an independent review of pension regulation, says the Financial Times .

Less likely is a merger between the Pensions Regulator and the Financial Services Authority (FSA) – as opposed to improved collaboration – although Thornton stressed he is keen to hear views both for and against. More likely may be some limited rationalisation among the clutch of bodies which provide advice and dispute resolution over pensions: the Pensions Ombudsman (who also covers the Pension Protection Fund), the Pensions Advisory Service, and the Financial Ombudsman Service. In a consultation paper published on Wednesday, Thornton said he has so far seen no evidence the regulator...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Brooks Macdonald becomes BAFTA wealth management partner

Brooks Macdonald becomes BAFTA wealth management partner

Partnership starts in 2026

Jen Frost
clock 08 December 2025 • 1 min read
As Reeves scrabbles for Budget funds, is she missing a Covid furlough trick?

As Reeves scrabbles for Budget funds, is she missing a Covid furlough trick?

Creativity key as chancellor faces tough tax and spending choices

Jen Frost
clock 21 November 2025 • 8 min read
Titan Wealth inks Harlequins partnership

Titan Wealth inks Harlequins partnership

Becomes wealth management and women’s partner

Jen Frost
clock 03 October 2025 • 2 min read