Fraudsters are using increasingly sophisticated impersonation tactics to target savers’ pensions.
The enhanced intelligence we and our partners are developing means we can detect these threats and take action to prevent harm earlier. What we are seeing makes it clear that schemes must tighten their security – and take action to protect their members.
Continue reading
Embracing digital, data and technology (DDaT) is an important way the pensions industry can boost saver outcomes and help grow the economy. Paul Neville, Executive Director of DDaT at The Pensions Regulator (TPR), explains how we are supporting this with the creation of a new industry working group.
Continue reading
TPR Chief Executive Nausicaa Delfas examines the impact of the Pension Schemes Bill, how the regulator is working to address unfinished business in the pensions system, and why industry must push for ever higher standards to help unlock transformational opportunities.
Continue reading
We want all savers to get good outcomes from pensions.
For that to happen we need to make sure that defined contribution schemes provide value for money, from joining a scheme right the way through retirement. We need to make sure that all defined benefit schemes secure their future – whether that’s an end game or ongoing offer. And across all scheme types we have trustees making the right decisions for their savers, powered by good quality data.
Continue reading
Having worked in this industry for 18 years, I have witnessed the invaluable contributions of pension scheme administrators – those often unsung heroes behind the scenes who ensure the smooth functioning of our financial systems. Their role is pivotal in safeguarding the future of millions of savers.
In this blog, we’ll explore their crucial role, why we are expanding our engagement, and the impact of effective administration on the industry.
Continue reading
At The Pensions Regulator (TPR), we are committed to protecting savers’ money, enhancing the pension system and supporting innovation in the interests of savers. Innovation is something we are increasingly seeing in our evolving pensions landscape.
Continue reading
The pensions industry is at an inflection point. We are moving from a pensions landscape of thousands of small schemes towards a concentrated marketplace of complex financial institutions. As we manage this transition, one guiding principle needs to run through all that we do – that schemes should drive value for money for pension savers.
But how do we achieve value? Through challenge and disclosure.
Continue reading
There has been a welcome national focus on pension savings recently. It’s vital savers get to know their workplace pensions and consider carefully whether they are saving enough.
Continue reading
It is inescapable that pensions are at a moment of significant change.
We are in effect straddling two worlds, gradually moving from one to the other.
Continue reading
Nobel Prize-winning economist William Sharpe once described accessing pension savings as the “nastiest, hardest problem in finance”.
Indeed, converting pensions into retirement income requires savers to make complex decisions, and the associated risks rest with them – not their pension scheme nor their employer.
Continue reading