Pension value to be put under the spotlight

What This Means for Pension Schemes

TPR press releases signal regulatory priorities and enforcement activity. Trustees and scheme administrators should review this release for relevance to their own scheme governance, funding, and compliance obligations.

Value for money assessment is moving from a voluntary best-practice exercise to a regulatory expectation. Schemes that cannot demonstrate value across costs, net returns, and services will face increasing scrutiny. The data infrastructure required to answer these questions accurately is non-trivial — and most schemes are not yet there.