TPO positive performance unlocks additional funding from DWP

Funding will allow TPO to expand its frontline casework teams by 20% this year

Holly Roach
clock • 2 min read
The pensions ombudsman Dominic Harris
Image:

The pensions ombudsman Dominic Harris

Positive performance from The Pensions Ombudsman (TPO) in the last year has led to it receiving additional funding from the Department for Work and Pensions (DWP).

In its 2026/27 Corporate Plan – published today (6 May) – TPO said the three-year funding settlement from the DWP will allow it to further reduce its "long-standing" backlog of cases and reduce wai...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Rising Star Awards 2026: Entries close tomorrow!

Rising Star Awards 2026: Entries close tomorrow!

Individuals and organisations nominated have until the end of 25 June to complete their entries

Professional Pensions
clock 24 June 2026 • 1 min read
Scottish Widows launches pension tracing tool

Scottish Widows launches pension tracing tool

Firm said the tool in its app will help track down lost pots from former employers

Holly Roach
clock 24 June 2026 • 1 min read
Low-dependency target is more appropriate than buyout, most DB trustees say

Low-dependency target is more appropriate than buyout, most DB trustees say

Trustees are feeling ‘growing pressure’ over how surpluses should be used

Holly Roach
clock 24 June 2026 • 2 min read
Trustpilot