TPR will not set firm ratio for dividends and DRCs

James Phillips
clock
TPR will not set firm ratio for dividends and DRCs

Employers whose dividend to deficit recovery contribution (DRCs) ratios fall outside the "normal range" should expect to see higher regulatory scrutiny, although no fixed ratio will be set.

The Pensions Regulator (TPR) said, while it plans to be clearer about its expectations, intervention over dividends will be decided on a case-by-case basis. Guidance on what it considers a normal range...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions member?

Login

More on Industry

UK Pensions Awards 2022: Entry deadline approaches

UK Pensions Awards 2022: Entry deadline approaches

There is just over one week left for firms to submit entries for the UK Pensions Awards

Jonathan Stapleton
clock 26 January 2022 • 1 min read
Tender Watch: Nationwide and Leicestershire NHS

Tender Watch: Nationwide and Leicestershire NHS

Nationwide outsources admin services and Leicestershire NHS issues tender

Professional Pensions
clock 26 January 2022 • 1 min read
All-share acquisition of River and Mercantile for AssetCo

All-share acquisition of River and Mercantile for AssetCo

An agreement in the long-held deal has been reached

Hope William-Smith
clock 25 January 2022 • 2 min read
Trustpilot