The priorities are set out in the Regulator’s latest three-year corporate plan, detailing how the regulator will deliver against all five priorities in its recently published long-term Corporate Strategy which sets out its blueprint for the future of pension regulation to put the saver at the heart of its work.

One of its main priorities will be work to ensure full compliance with the recently passed Pension Schemes Act 2021 which contains important changes that will come into force from late 2021 onwards. This will give the Regulator more powers to scrutinise the pensions market and instances of abuse as well as introducing criminal sanctions.