TPR: Trustees must stay alert to sponsor covenant challenges

James Phillips
clock • 4 min read

Defined benefit (DB) pension schemes must stay alive to heightening risks to funding from sponsor covenants, climate change and longevity experience, The Pensions Regulator (TPR) says.

In its 2021 Annual Funding Statement, published today (26 May), the watchdog particularly highlighted the importance of monitoring sponsor covenants following the Covid-19 pandemic. Government s...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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