TPR Press Releases

Pension Fraud Alert: Impersonation Scams Rise

The Pensions Regulator (TPR) has issued a fraud alert urging the UK pensions industry to enhance security measures against impersonation scams. Analysis shows a rise in fraud targeting pension savers, with approximately £500,000 lost and £2.5 million at risk between 2021 and 2025.

TPR: Master trusts prepare for future scale requirements

The Pensions Regulator (TPR) has published guidance for UK defined contribution (DC) master trusts on preparing for new scale requirements under the Pension Schemes Bill. The guidance encourages trustees to evaluate their growth potential and operational readiness, with a minimum asset threshold of £25bn expected from 2030.

TPR Data: Shift from Savings to Pensions System, Warns Smaller Schemes

New data from The Pensions Regulator (TPR) shows a significant shift towards in-scheme retirement options, with 13.4 million members now having access to drawdown. TPR urges smaller pension schemes to improve their offerings or consider consolidation.

The Pensions Regulator Appoints Executive Director

The Pensions Regulator (TPR) has appointed Richard Knox as its Executive Director, Strategy, Policy and Analysis. This appointment is part of TPR's ongoing transformation to address the evolving pensions landscape and strengthen its senior leadership team.

Pension Value, Costs, and Service Quality Publication Proposals

The FCA, DWP, and The Pensions Regulator have proposed new measures requiring pension schemes to publish data on performance, costs, and service quality. These proposals aim to ensure savers receive good value and are open for comment until March 8, 2026.

Ben Gunnee appointed Interim Executive Director, Market Oversight

Ben Gunnee appointed Interim Executive Director, Market Oversight