Article summary
The Pensions Regulator (TPR) has launched its Corporate Plan 2022 to 2024, which sets out its priorities for the next two years with consideration of the financial market and the ‘challenges of COVID-19, the conflict in Ukraine, the cost of living and climate change’. TPR highlights its aims to help schemes be prepared for the pensions dashboard programme through a programme of education, develop measures to protect defined benefit scheme funding, work with the Department for Work and Pensions (DWP) and Financial Conduct Authority on a future consultation for a ‘Value for Money Framework’ to assess the value of smaller defined contribution schemes, trial new methods to prevent pension scams, and deliver on its strategic priorities. TPR also set out its creation of a Digital, Data and Technology directorate, its commitment to understanding inequalities in pensions, and its plan to launch a second consultation on a new defined benefit funding code for 2022, with the code...
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