The Pensions Regulator (TPR) is the independent UK regulator of work-based pension schemes. It is an arms-length public body sponsored by the Department for Work and Pensions (DWP).

TPR works with trustees, employers, and business advisers of occupational pension schemes in the private and public sectors, to help them understand their legal duties and the standards it expects. TPR also works with employers and their advisers to ensure compliance with Automatic Enrolment duties.

TPR's statutory objectives are set out in the Pensions Act 2004. These are:

• to protect the benefits of members of occupational pension schemes;

• to protect the benefits of members of personal pension schemes where direct payment arrangements are in place;

• to reduce the risk of situations arising which may lead to compensation being payable from the Pension Protection Fund (PPF);

• in relation to its functions for DB scheme funding only, to minimise any adverse impact on the sustainable growth of an employer;

• to maximise employer compliance with employer duties and the employment safeguards introduced by the Pensions Act 2008;

• to promote, and to improve understanding of, the good administration of work-based pension schemes.

TPR regulatory approach is systematic and enables it to respond to the unexpected where it is appropriate to do so.

More information can be obtained from the TPR website and from the TPR Annual Report and Accounts