Pensions Regulator to cost schemes £28m

In its business plan, published this week, the Pensions Regulator outlines how it will organise its resources during the period 2006-2007, including estimates of the workload it expects to take on. The plan aims to complement the regulator’s medium-term strategy, released in April, and over the next year the organisation’s focus will be on three key themes: Strengthening the funding of defined benefit schemes; Improving the governance of work-based pension schemes, and Reducing the risks to members of work-based defined contribution pension schemes It also plans to focus on deli...