The Pensions Regulator (TPR) has published its new Corporate Strategy, its latest Corporate Plan and a Regulatory Roadmap supporting the implementation of the government’s pensions reform agenda.
Automatic enrolment has transformed retirement saving in the UK, with 23 million people now saving into a workplace pension. But the pensions system is still unfinished business with 15 million working-age people under-saving for retirement.
TPR’s new Corporate Strategy is centred around a clear vision: that people have a sustainable income in retirement, supported by a pensions system that provides security and value for all.
To achieve the vision TPR will focus on delivering the greatest impact for members across three areas: raising governance standards, driving value for money, and improving sustainable outcomes at retirement.
The suite of publications provides a clear line of sight for the industry on TPR’s priorities and expectations, providing a ‘no surprises’ approach so industry understands what TPR will be focusing on and when.
for more information:
TPR press release