We recognise the vast majority of schemes are well run by dedicated individuals; this statement is intended to alert the community to potential risks, and to encourage trustees and other pension managers to contact the regulator if they are worried.
The statement also reminds the regulated community of the important role of whistle-blowers, and seeks to reassure the regulated community that where necessary the regulator will take sanctions against unacceptable behaviour.
To view the press release in full:
http://www.thepensionsregulator.gov.uk/mediaCentre/pressReleases/pn09-04.aspx
To view the statement:
http://www.thepensionsregulator.gov.uk/pdf/EconomicDownturnStatement.pdf
Media relations
The Pensions Regulator
amediarelations@thepensionsregulator.gov.uk
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Fax: 0870 2411144
Email: customersupport@thepensionsregulator.gov.uk
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