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Significant dissatisfaction with UK pensions regulator, research shows

( May 25, 2023, 16:25 GMT | Official Statement) -- MLex Summary: A survey of UK trustees, pensions managers and scheme administrators has revealed significant dissatisfaction with The Pensions Regulator. According to the Pensions Management Institute, 44 percent of respondents were unhappy with TPR, citing “significant delays” in introducing pension policy, as well as claims that it's been "too slow to react" to the Liability-Driven Investments turmoil and the cost-of-living crisis. Tim Middleton, director of policy at the PMI, said the significant challenges faced by the industry, together with new regulatory hurdles including implementation of the Pensions Dashboard, have “caused disruption… [and] left many feeling frustrated at the current direction of pensions policy.”Statement below ...

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