The Pensions Regulator – Who It Is and What It Does

The Pensions Regulator (TPR) is the public body that protects workplace pensions in the UK. It works with employers and those running pensions so that people can save safely for their retirement.

It is committed to being a visible regulator who builds people's confidence in pensions.

What it does

TPR is responsible for:

• Making sure employers put their staff into a pension scheme and pay money into it (known as ‘automatic enrolment’).
• Protecting people’s savings in workplace pensions.
• Improving the way that workplace pension schemes are run.
• Reducing the risk of pension schemes ending up in the Pension Protection Fund (PPF).
• Making sure employers balance the needs of their defined benefit pension scheme with growing their business.

Its priorities

It has 5 high-level priorities, each with a strategic goal:

• Security: savers’ money is secure.
• Value for money: savers get good value for their money.
• Scrutiny of decision-making: decisions made on behalf of savers are in their best interests.
• Embracing innovation: the market innovates to meet savers’ needs.
• Bold and effective regulation: TPR is a bold and effective regulator.

You can find more information at about The Pensions Regulator at thepensionsregulator.gov.uk/en