Regulatory changes: for better or worse? Following recent high-profile cases, the pensions industry has been under the spotlight more than ever. People are concerned that unscrupulous employers do not avoid their pension liabilities. Some have called for a drastic expansion of the Regulator's powers. In this article, Chris Brown, Associate at Burges Salmon LLP, considers whether overhauling the Regulator's anti-avoidance powers is appropriate and comments on recent developments in this area.