The Pensions Regulator (TPR) has published updated guidance intended to help trustees, scheme managers, sponsoring employers and other eligible parties make third-party applications for TPR to exercise certain powers, including appointing an independent trustee where trustees have failed in their duties. The guidance is designed to help applicants provide the information needed for applications to be assessed more swiftly and effectively by the Determinations Panel, TPR’s independent decision-making committee. It links to bespoke application forms, explains the respective roles of the applicant, TPR’s case team and the Determinations Panel, and makes clear that applicants are responsible for evidencing why the relevant power should be used. While decision timescales vary by case, TPR’s case team will provide an indicative timetable after reviewing an application and will specify any further information required and next steps.
The Pensions Regulator 2025-05-07
United Kingdom's The Pensions Regulator updates guidance to improve third-party applications for independent trustee appointments and other powers
The Pensions Regulator (TPR) has issued updated guidance to assist trustees, scheme managers, and sponsoring employers in making third-party applications for TPR to exercise certain powers, such as appointing an independent trustee. The guidance clarifies the roles of applicants, TPR’s case team, and the Determinations Panel, emphasizing the applicant's responsibility to provide evidence for the use of powers.