NAPF Conference: Warning to trustees over covenant strength

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UK - Trustees preparing defined benefit pension schemes for their second triennial assessment must be aware the strength of the sponsor covenant will have deteriorated, The Pensions Regulator has warned.

The Regulator's head of scheme-specific funding Ian Cordwell told delegates at the UK's National Association of Pension Funds (NAPF) Annual Conference it was likely scheme sponsors' assets would ha...

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