TPR opens consultation to improve pension security and value

The Pensions Regulator (TPR) opened a consultation on its updated five-year corporate strategy, setting out its vision for people to have a secure income in retirement, backed by a pensions system that gives security and value.

In the new draft strategy, TPR listed six outcomes that will guide its work and principles for working with the workplace pensions market. 

These outcomes include secure savings, better value, fair access, well-run schemes, a sustainable and resilient market, and a seamless system for members from saving to retirement.

Nausicaa Delfas, CEO at TPR, said: “We are today launching a consultation on our five-year Corporate Strategy, at a pivotal time in pensions. 

“Our mission is to protect workplace pensions members’ money, enhance the pensions system and support innovation in members’ interests.

“We encourage stakeholders to engage in our consultation to make sure that together we can create a system which delivers what matters most: a sustainable income in retirement for everyone.”

The consultation runs until 8th June 2026. 

TPR plans to publish the final strategy in July along with its corporate plan.