TPR: DB trustees are helpless in face of market volatility

Michael Klimes
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Trustees and their advisers can do little to plug deficits of defined benefit (DB) schemes in the face of market forces which are beyond their control, says Andrew Warwick-Thompson.

Speaking at the launch of the tenth edition of the Pension Protection Fund's Purple Book, The Pensions Regulator's executive director for regulatory policy said volatility was a fact of life. Di...

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