DWP consults on forcing TPR to consider affordability of recovery plans for sponsors

clock

The Department for Work and Pensions has launched a consultation on creating an objective for the Pensions Regulator to consider the long-term affordability of deficit recovery plans for defined benefit schemes' sponsors.

The intention to consult on the issue was announced during the Autumn Statement (PP Online 5 December 2012). At the time, Chancellor George Osborne said the government "is determined to ensure t...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Partner Insight: Growing the retirement orchard – making sense of CDC

Partner Insight: Growing the retirement orchard – making sense of CDC

BlackRock's Massi Delle Donne explains how CDC could bear greater fruit for pension savers

Massi Delle Donne, Managing Director Institutional Solutions EMEA @ BlackRock
clock 18 June 2026 • 4 min read
Tender Watch: Pensions Archive Trust appoints Barnett Waddingham

Tender Watch: Pensions Archive Trust appoints Barnett Waddingham

Consultancy will provide the trust with pro bono secretariat and governance support

Professional Pensions
clock 02 June 2026 • 1 min read
Majority of DB schemes considering surplus extraction, L&G finds

Majority of DB schemes considering surplus extraction, L&G finds

Firm said ‘thorough preparation’ is key for schemes intending to complete a PRT deal

Holly Roach
clock 31 March 2026 • 3 min read
Trustpilot