TPR: Just 4% of schemes have agreed DRC deferrals
Around one in 25 pension schemes have made use of regulatory easements to deficit recovery contribution (DRC) payment schedules, according to The Pensions Regulator (TPR).
While the watchdog had expected somewhere between 10% and 15% in uptake, the reality has been around 3-4%, or almost 200, chief executive Charles Counsell revealed. Speaking at the Pensions and Lifetime...
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