TPR’s DB survey finds schemes stay the course on long-term goals but cyber and ESG gaps persist
The Pensions Regulator’s (TPR’s) latest survey of defined benefit (DB) schemes — conducted by OMB Research in March 2025 and published in October 2025 — shows continued progress on long-term planning and risk management, alongside persistent gaps in environmental, social and governance (ESG) prioritisation and cautious attitudes toward surplus release.