TPR set to tighten regulatory grip as it unveils latest corporate plan

Support for DB schemes

Hope William-Smith
clock • 1 min read

The Pensions Regulator (TPR) has said it will continue with its “clear, quick and tough” approach to driving up standards across the pensions industry following the coronavirus pandemic.

The regulator's 2020-21 corporate plan - released on Monday (29 June) - sets out priorities for the next 12 months adjusted to "reflect the realities" of how the Covid-19 economic impact has changed the pensions landscape. Highlighted within the plan was the regulator's note of "the importance of working with key governance and regulatory partners" to achieve its 12-month targets. It added that any expected regulatory activities paused due to the pandemic would restart "at the appropriate time". TPR chief executive Charles Counsell said: "Our plan outlines our re-aligned priorities an...

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