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Update about TPR activities during COVID-19

Originally published: 20 March 2020

Updated: 26 January 2021

  • 2 July 2020: Added the latest information on our supervision activities. Removed reference to the corporate plan being postponed
  • 24 September 2020: Added updates to the Relationship Supervision section
  • 26 January 2021: Further updates to the Relationship Supervision section

Supervision

Regulatory initiatives

We are temporarily suspending our regulatory initiatives. If you have been selected to take part, we will be in direct contact with you regarding our expectations and next steps.

Relationship Supervision

We have scaled down our Relationship Supervision evaluation cycle while we focus our resources on supporting schemes. This includes those affected by the COVID-19 pandemic.

We have been in touch with the schemes we are supervising to understand their plans to mitigate the risks posed by the ongoing events to scheme governance, administration and investment risk management.

We will continue to update our schemes in Relationship Supervision during these uncertain times. This will either be directly through the supervisor, or via other communication channels, such as our regulatory round-up newsletter. In the interim, we will continue to review our engagement with schemes as the national situation evolves, with a view to returning to our full evaluation cycle when circumstances allow.

The safety of our colleagues and those we engage with is a priority for TPR, so we intend to only return to attending meetings in person when government guidance allows.

Find further information about our supervision activities.

Events

We have cancelled or moved all scheduled events.