📊 Lead Indicators Dashboard⚠️ NEEDS REFINEMENT

Executive Summary

The Pensions Regulator (TPR) published new detailed guidance on pension scheme administration that significantly raises the bar for trustees and governing bodies regarding their oversight of administration services. This creates substantial commercial opportunities for BrP as many pension schemes will need to upgrade their administration capabilities or switch to providers who can demonstrably meet these new standards.

Key TPR Requirements & BrP Opportunities

Priority Target Segments

Recommended Talking Points

• The Pensions Regulator published new administration guidance on 9 December 2025, significantly raising expectations for trustees.
• TPR now explicitly encourages trustees to seek PASA-accredited administrators.
• New requirements include documented administration policies, BCP testing, and quality assurance procedures.
• In-house administration teams may struggle to meet the new standards without significant investment.
• Schemes with Ombudsman complaints have clear evidence that their current arrangements need review.