TPR: Schemes with funding challenges must 'make greater use of flexibilities'
The Pensions Regulator (TPR) has used its latest annual funding statement to urge trustees facing difficult negotiations make greater use of flexibilities in the funding regime.
The statement, published alongside the regulator's updated defined benefit (DB) code of practice (PP Online, 10 January), is aimed at schemes with valuation dates between 22 September 2013 and 22 September...
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