Much has happened since I became Chief Executive of The Pensions Regulator (TPR) back in 2019, not least the inexorable march towards a new pensions reality in which savers bear far more risk and responsibility for their retirement choices.
That’s why I have made clear from the outset that TPR – working hand in hand with our partners – has a crucial role to play in ensuring those who run pensions help deliver the best possible outcomes for savers. I stand by that commitment.
If the pandemic has shown us anything it’s that the future cannot be predicted with any certainty – nobody has that magical crystal ball.
However, come what may, we are committed to striving to ensure all pension savers are protected and the start of 2022 presents an opportunity to look forward to what the new year will bring to workplace pensions.
COVID-19 continues to challenge the pension industry. Charles Counsell, The Pensions Regulator’s Chief Executive, explains what defined benefit trustees can expect from the regulator and how to prepare as the economic impact of the coronavirus continues to hit schemes and sponsoring employers.