TPR releases tranche 12 funding data and sets expectations for DB schemes

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Warwick-Thompson: Disappointed that the ratio of DRCs to dividends has declined from around 10% to around 7%
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Warwick-Thompson: Disappointed that the ratio of DRCs to dividends has declined from around 10% to around 7%

The majority of defined benefit (DB a schemes remain affordable but many should do more to tackle increased deficits and reduce risk to pensioners, The Pensions Regulator (TPR) says.

The call to action comes as the watchdog released data showing how challenging market conditions had led to a jump in deficits and lower funding levels for certain DB schemes. The analysis shows the...

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