Industry welcomes TPR funding statement but calls for clarity on next steps

Industry backs regulator’s call for DB schemes to consider their endgame options and develop surplus policy

Jonathan Stapleton
clock • 5 min read
Stewart Hastie said: We support the regulator’s call for most DB schemes to be considering their endgame options and developing their ‘surplus policy’
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Stewart Hastie said: We support the regulator’s call for most DB schemes to be considering their endgame options and developing their ‘surplus policy’

The industry has welcomed publication of The Pensions Regulator’s (TPR) annual funding statement but says clarity on emerging areas such as surplus release and endgame options is now “essential”.

TPR's Annual Funding Statement, published this morning (6 May), said that most schemes continued to see positive funding levels – estimating that 90% of schemes were in surplus on a technical provi...

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