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The Pensions Regulator publishes annual report.

Publication: M2 Presswire
Publication Date: 31-JUL-06 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-31 July 2006-UK Government: The Pensions Regulator publishes annual report(C)1994-2006 M2 COMMUNICATIONS LTD

RDATE:31072006

The Pensions Regulator today published its first annual report and accounts for the financial year 2005/2006.

Since launching in April 2005, the Pensions Regulator has made significant progress in its initial 12 months of operation, whilst working closely with key organisations in the pensions industry.

During an exceptionally busy year the regulator has responded to a series of complex issues. Notable achievements include:

* publishing a medium term strategy which establishes the Pensions Regulator's active, risk-based approach to regulation;

* setting up a clearance process for businesses involved in corporate transactions;

* publishing guidance and codes of practice; and

* launching a free online trustee training toolkit.

Under the Pensions Act 2004,...

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