Regulatory tango

Regulation

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"We're both only a year old," says June Mulroy with barely a hint of defensiveness. "There are still a lot of urban myths about us." The ex-psychologist and accountant who runs the UK Pensions Regulator's core operational function chooses her words carefully as she comments on the progress of her Brighton-based organisation and its sister body, the Pension Protection Fund (PPF).

In a year that has rarely seen a day in which the UK's pension crisis has not been somewhere in the news, self cont