TPR warns trustees to check suitability of long-term funding targets

Regulator’s funding statement urges trustees to take a fresh look at their strategies

Holly Roach
clock • 5 min read
TPR Interim director of regulatory policy, analysis and advice Lou Davey
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TPR Interim director of regulatory policy, analysis and advice Lou Davey

The Pensions Regulator (TPR) has urged trustees to review their long-term funding targets to ensure they are still appropriate after funding improvements.

In its 2023 Annual Funding Statement - published today (27 April) - the regulator said despite defined benefit (DB) scheme funding positions improving, there is "variation between schemes" and warn...

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