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Consultation Response: Pensions and Growth: Whether to introduce a new statutory objective for the Pensions Regulator
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The Institute and Faculty of Actuaries (IFoA) welcomes the opportunity to comment on the possible introduction of a new statutory objective for the Pensions Regulator (tPR). The IFoA notes the Chancellor of the Exchequer’s explanation in the Autumn Statement that ‘…the Government is determined to ensure that defined benefit pensions regulation does not act as a brake on economic growth’.