Not necessarily, depending on the TWRP version.
Fairphone for a while bundled a TWRP 3.1.1 with their OSes which gave this message without any important meaning or consequence.
An update getting stuck in TWRP was kind of notorious a while back and I guess one of the reasons why Fairphone have abandoned their own TWRP for the stock Android recovery bundled with their latest OS versions.
Anyway …