The Pensions Regulator (TPR) issued its 2020 Annual Funding Statement last month in the midst of the global Covid-19 crisis. Marian Elliott address some of the issues trustees will be facing when completing a valuation in this environment.
1. LTFT is here to stay but the DB funding code consultation has been postponed In line with previous statements, TPR still expects trustees and their sponsors to set a Long-Term Funding Target ...
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