PP Live: Covid-19 crisis has not changed TPR's view that funding principles are 'right'

James Phillips
clock • 2 min read
Fairs: It would be easy for the current and immediate conditions to override what is in the best long-term interests
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Fairs: It would be easy for the current and immediate conditions to override what is in the best long-term interests

The economic crisis caused by Covid-19 has reinforced The Pensions Regulator’s (TPR) view that its defined benefit (DB) funding principles are “right”, says David Fairs.

Speaking at Professional Pensions Live yesterday (14 July), the watchdog's executive director for regulatory policy, analysis and advice said that, while some employers and schemes had clearly been impacted...

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