Pensions Regulator opens draft enforcement policy consultation

The consultation - published on Wednesday (4 May) - sits alongside an updated prosecution policy which it said has been designed to "help those facing or affected by enforcement action understand the regulator's approach". The draft enforcement policy is a consolidation of previous policies for defined benefit, defined contribution, hybrid, and public sector pension schemes. It includes the new powers granted to TPR under the Pension Schemes Act 2021. The regulator said the draft policy has also been written with reflections from its experience using its existing enforcement powers th...