Guest comment: Remaining focused

The Pensions Regulator (TPR) chief executive, Charles Counsell, explains that the regulator's focus remains on protecting savers amidst the challenges posed by Covid-19 .

This is the message that runs through our recently published Corporate Plan 2020/21, which sets out our priorities for the year ahead.

Our plan outlines our re-aligned priorities and targets in light of Covid-19. But it also highlights we will not be blown off course and that our standards remain crystal clear.

We remain unwavering in our approach and our plan demonstrates our ongoing commitment to tightening our regulatory grip through being clear, quick and tough when necessary.

It is this culture that has led us to respond swiftly and pragmatically to the pandemic.

We continue to embrace new powers and forge relationships with schemes to continue to support them and be clear what we expect, while using our powers to tackle those who flout the law.

Our plan makes clear that despite the challenges of Covid-19, our continuing focus will be on safeguarding savings for generations to come.

So that we can respond to developments as they unfold, we are keeping our priorities under review and we may publish revised intentions as necessary.

What will not change is our commitment to ensuring high governance standards and that employers continue to meet their responsibilities so savers receive the pensions they are due.

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