TPR updates DB covenant guidance

Guidance for DB trustees is aligned with regulator’s funding code

Holly Roach
clock • 7 min read
TPR updates DB covenant guidance

The Pensions Regulator (TPR) has updated its guidance on defined benefit (DB) covenant, in a bid to “deliver better saver outcomes”.

The regulator's guidance for DB trustees is aligned with its funding code and was revised to provide the market with "greater certainty over how TPR expects trustees to assess their employer covena...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

LawDeb posts revenue decline for pension business following 'exceptional' 2023

LawDeb posts revenue decline for pension business following 'exceptional' 2023

Firm remains confident of its ability to grow this business solidly over the business cycle

Jonathan Stapleton
clock 12 March 2025 • 2 min read
Climate protestors visit PLSA conference

Climate protestors visit PLSA conference

Campaigners from multiple groups call on attendees to focus on climate risk

Jasmine Urquhart
clock 12 March 2025 • 2 min read
Savings at 'risk' because financial literacy 'not where it needs to be'

Savings at 'risk' because financial literacy 'not where it needs to be'

Experts say industry needs to build engagement with savers so they do not make wrong decisions

Holly Roach
clock 12 March 2025 • 2 min read
Trustpilot