Action by The Pensions Regulator resulted in an employer prioritising members of a DB scheme over profits. 

The Pensions Regulator (TPR) is to launch a new ‘rapid response’ team to respond more quickly to reports and intelligence about companies or major restructuring plans.

Inspectors from The Pensions Regulator (TPR) are to carry out from this week ‘short-notice’ inspections of employers who are suspected of flouting their automatic enrolment pension duties.

Now Pensions has revealed it has submitted an application for master trust authorisation to The Pensions Regulator (TPR).