TPR will not set firm ratio for dividends and DRCs

James Phillips
clock • 2 min read

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 norma...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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