TPR deficit contribution guidance welcomed but 'hidden implications' arise

James Phillips
clock • 3 min read

The Pensions Regulator (TPR) is “pulling out all the stops” to help struggling employers during the Covid-19 crisis, although latest guidance may put trustees in a “challenging” position, the industry says.

The watchdog issued guidance on Friday (27 March) telling trustees to be open to employer requests to suspend or reduce deficit recovery contributions (DRCs) for up to three months as scheme sponso...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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