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We’ve produced a short report summarising the key findings in our TPR Future work and the main recommendations we’ll be taking forward. This follows an external review we commissioned PwC to undertake and further research by Britain Thinks.

The review and research engaged a broad range of external stakeholders and our internal teams to give us an objective set of views on the way we work.

As a result of the huge amount of change we’re seeing in the industry, as well as continuing political and economic uncertainty, it’s the right time to take a step back and analyse where we are as an organisation and where we need to get to over the next few years.

We need to assess how we can continue to be effective and what we need to do differently to be better. We want to make sure that we remain fit for purpose and that our stakeholders have a clear understanding of what to expect from us.

The review sought to understand the current perceptions of TPR, what the future landscape and risks might look like, and how our approach might need to change in response to this.

This report details the changes we’ve seen, the impact that these changes have had on our risk profile, and how we’ll transform into a more efficient and effective regulator.

TPR blog

There have been tumultuous shifts in the political, economic and pensions landscape since TPR’s inception 12 years ago. Read more in our blog post on embracing change.