The Pensions Regulator (TPR) will boost its headcount over the next three years as it shifts its resources into more forceful and direct action against flagging schemes.
The watchdog is restructuring its workforce to boost its frontline regulation team and introduce a data team, while the proportion of staff dedicated to automatic enrolment (AE), regulatory policy, and communications will fall. The overall headcount is expected to increase from 591 full-time equivalent (FTE) staff in the 2017/18 year, to 660 this year, a 12% increase. TPR expects the staff to increase further to 720 FTE by 2020/2021. The movement of resources comes as the regulator promised to act more broadly and visibly in a bid to improve outcomes for savers, with a pledge to emplo...
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