The Pensions Regulator outlines its 2022 to 2024 Corporate Plans
20 June 2022
The Pensions Regulator (TPR) has set out plans for 2022 to 2024 in its Corporate Plan, released 13 June 2022. This updates and builds upon the 2021 to 2024 plan published last year.
The plan outlines how TPR will develop and manage its workforce to meets its aims and objectives. Continuing to work closely with the Department for Work and Pensions (DWP) and Financial Conduct Authority (FCA) to protect pension savers and combat pension scams.
TPR’s five strategic priorities are:
- security
- value for money
- scrutiny of decision making
- embracing innovation
- bold and effective regulation
Also mentioned in the plan are consultations into the Value for Money Framework, Defined Contribution (DC) pension schemes and Collective Defined Contributions (CDC) pension schemes. The Value for Money Framework consultation is to be launched later this year along with FCA and DWP. A second Defined Benefit (DB) funding code consultation is also due to be undertaken.
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