Tax and pensions: In protection of the nest egg
When the Pensions Regulator (TPR) was born in April 2005, the Government promised a more proactive, resourceful and powerful regulator than its predecessor OPRA (the Occupational Pensions Regulatory Authority). Four years on, there is no doubt that TPR has had a significant impact on the way pensions are perceived not only by employers and pension fund trustees but also advisers, banks and private equity firms outside the pensions industry. But is TPR still a force to be reckoned with in the corporate world, or is it losing the fear factor?
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