Pension Watchdog Mulls Risk Of 'Too Big To Fail' Schemes

By Martin Croucher (May 9, 2022, 4:28 PM BST) -- The retirement savings watchdog is considering whether a shift in approach to regulation might be needed in the future, a senior executive said Monday, as pension scheme consolidation could potentially lead to funds that are too big to fail.

David Fairs, executive director of regulatory policy at The Pensions Regulator, said that the watchdog could take notes from the Prudential Regulation Authority — which oversees insurers and banks.

Fairs, speaking at a webinar hosted by consultancy XPS Pensions, agreed with a question that potentially a major reduction in the number of schemes could lead to a concentration of risk — with...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!