From The Pensions Regulator:
Today the Secretary of State for Work and Pensions laid the Pensions Regulator’s audited
Tony Hobman, chief executive of the Pensions Regulator, said:
“This has been a tough year for schemes and for those running them. We have continued to deliver against our long-term strategic themes, focused on our statutory objectives, to protect member benefits, to reduce calls on the Pension Protection Fund and to raise the standards of governance and administration across work-place pensions in the UK.
“At the same time we have delivered extra support through the economic downturn, including a recent series of statements and a round of national workshops to explain our approach to scheme funding.
“We have also sustained our commitment towards Better Regulation. By reducing collection burdens and introducing pre-populated scheme returns, contributing to our d…