Covenant review

There must be clarity on tax relief sooner rather than later according to PP research.

Brian Spence asks what DB trustees should do in the aftermath of the referendum result.

The Employer Covenant Working Group (ECWG) has announced its formal launch as it publishes a guide for advisers, trustees and sponsors of defined benefit (DB) schemes.

Mike Furbank looks at the lessons learned since guidance was issued by TPR on funding DB schemes.

The Pensions Regulator (TPR) has told defined benefit trustees to assess employer covenants as part of their triennial valuations, and monitor employer support regularly.

How TPR's approach to DB funding could affect schemes with weak sponsors

Trustees are concerned over the strength of their employer covenant and feel contributions could be higher, research from Baker Tilly shows.

Panellists discuss the extent to which trustees should be looking to review covenants and how to interpret findings and implement changes

Covenant monitoring will come under increased scrutiny from The Pensions Regulator because of current market turmoil, Mercer has warned.

The Pensions Regulator is taking an aggressive and threatening stance with trustees who have not performed a formal covenant review, a lawyer says.