In a new blog, TPR's Head of Innovation and Design Practice, Dr
Marion Lean, reflects on The Pensions Regulator's second
innovation event, held this week, and unveils seven new design
principles to guide innovation in workplace pensions.
Dr Lean explores how TPR is using design-led approaches like
co-design and hackathons to foster creativity, collaboration and
user-centred thinking across the industry. With more 50 leaders
in attendance, TPR's event marked another bold step towards
building a more inclusive, transparent and future-focused
pensions system.
She writes: "The seven design principles, which are being
developed collaboratively with industry leaders, reflect the
values and behaviours we believe are essential for meaningful
change. They are a guide for how we can all act and behave to
support innovation in the interest of savers.
"Overall, we want to help the industry become more creative, more
confident, and more connected. We want to share what we've
learned – and learn from others. And most importantly, we want to
make sure that innovation in pensions is driven by the people
it's meant to serve: savers."
Read the blog here.
Notes to editors
TPR is the regulator of work-based pension schemes in the UK. Its
statutory objectives are to:
- protect members' benefits
- reduce the risk of calls on the Pension Protection Fund (PPF)
- promote, and to improve understanding of, the good
administration of work-based pension schemes
- maximise employer compliance with automatic enrolment duties
- minimise any adverse impact on the sustainable growth of an
employer (in relation to the exercise of the regulator's
functions under Part 3 of the Pensions Act 2004 only)
