Whistleblowing disclosures
As a 'prescribed person', The Pensions Regulator (TPR) is legally required to report on the whistleblowing disclosures we receive from certain workers. A worker is someone who has, or previously had, a ‘working’ relationship with the organisation about which they are raising the concerns. Reports from whistleblowers, savers and our regulated community are vital to ensure that we protect savers' money.
Under the Prescribed Persons (Reports on Disclosure of Information) Regulations 2017 we must report the following information every year:
- the number of disclosures we received (which met certain criteria)
- the number of those disclosures where we decided to take further action
- a summary of the action we took in relation to the disclosures
- a summary of how workers' disclosures have impacted our ability to perform our functions and meet our objectives
- an explanation of our functions and objectives
This report concerns disclosures made to TPR in its capacity as a prescribed person and does not include concerns raised through TPR's internal whistleblowing arrangements.
Number of disclosures 2025 to 2026
Between 1 April 2025 and 31 March 2026, we received and assessed 12 reports that we consider to be qualifying disclosures, as defined under the Public Interest Disclosure Act 1998 and our whistleblowing policy. These disclosures fell within the scope of our statutory functions and objectives.
Number of disclosures and summary of actions
Further action was taken in relation to 10 of the reports received, supporting our work on scheme supervision, relationships with administrators, trustee oversight and tackling pension fraud. The remaining reports helped enhance our intelligence picture of regulated entities.
Our approach is consistent with the principles set out in the Regulators' Code. As a risk-based regulator, we carry out our activities in a way that is proportionate, accountable, consistent, transparent and targeted. In this context, whistleblowing disclosures play an important role in informing our intelligence and enforcement activities, enabling us to take action where appropriate.
How disclosures impact on our objectives
Whistleblowers play a vital role for TPR in ensuring that we protect savers and the UK’s workplace pensions. They provide us with valuable intelligence that assist us with tackling non-compliance and risks in the pension market.
All actions taken, either as a result of a disclosure or informed by a disclosure, contribute towards the achievement of our objectives.