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...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Retirement

Advisers concerned about regulatory scrutiny in decumulation phase

Advisers concerned about regulatory scrutiny in decumulation phase

Retirement planning ‘dominates’ client advice requests

Isabel Baxter
clock 27 November 2024 • 3 min read
Advisers call for new products to tackle retirement planning challenges

Advisers call for new products to tackle retirement planning challenges

Retirement products ‘don’t meet modern needs’

Isabel Baxter
clock 25 November 2024 • 3 min read
How advisers can play a role in boosting wellbeing in retirement

How advisers can play a role in boosting wellbeing in retirement

A happy retirement is the 'north star'

Cecilia Furner
clock 08 November 2024 • 3 min read