TPR and FCA working well together, government tells WPC

'Working together where possible'

Hope William-Smith
clock • 3 min read

The government has defended the level of joint work undertaken by The Pensions Regulator (TPR) and the Financial Conduct Authority (FCA) pointing to market differences as the blockade for an increase to it.

The government's response to the 7th recommendation of the Work and Pensions Committees' (WPC) 24 design reforms laid down in January - published on 27 April - confirmed the two regulators were working together as much as market difference would allow. The WPC had called for all consultations covering pension regulation to be run jointly by TPR and the FCA "unless there is a clear and published reason for a different approach". The government confirmed that the principle of joint consultations, where appropriate, underpins the work of TPR and FCA and that the Department for Work and P...

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 Regulation

FCA secures bankruptcy order against insurance broker facing embezzlement charges

FCA secures bankruptcy order against insurance broker facing embezzlement charges

Some Arthur Temlett customers believed to have taken out investments

Jen Frost
clock 29 September 2026 • 1 min read
Financial planning firm and appointed representative enter administration

Financial planning firm and appointed representative enter administration

InterestMe Financial Planning and InterestMe Advisers

Isabel Baxter
clock 29 September 2026 • 2 min read
FCA crackdown leads 24 CFD firms to cease operating since 2025

FCA crackdown leads 24 CFD firms to cease operating since 2025

Misuse of authorisation

clock 25 September 2026 • 1 min read