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The most troubling comment from David Fairs, Executive Director for Regulatory Policy, Analysis and Advice at TPR, is: “The most disengaged trustees are blissfully unaware that they are failing savers by not running their schemes properly.” (While this isn't reported in this IPE article, it is included in the press release on TPR website. And that press release has an even stronger headline: "New figures show why small schemes must quit the market".)

What is/should TPR be doing about savers who are being failed by disengaged trustees? Is it too under-resourced to do what it ought to? Does the law preclude it?