Surplus reported for 27% of tranche 15 schemes

Valuations came against a difficult economic background permeated by Brexit and Covid

Hope William-Smith
clock • 3 min read
Surplus reported for 27% of tranche 15 schemes

Just over a quarter (27%) of defined benefit schemes in The Pensions Regulator’s (TPR) tranche 15 group have reported a surplus.

The regulator's 2022 scheme funding analysis - published today (28 July) - showed it received more than 1,710 valuations with which it has collated its latest data. The surplus of tranche 15 sch...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

Hope William-Smith
Author spotlight

Hope William-Smith

Editor at Professional Adviser

View profile
More from Hope William-Smith

Chair of The Pensions Ombudsman Caroline Rookes dies

DC pension holders now waiting an average of 29 days for transfers

More on Defined Benefit

ONS estimates of very old increase in number
Defined Benefit

ONS estimates of very old increase in number

Around 15,000 have reached 100 or over as of 2024, compared to half as many 20 years ago

Jasmine Urquhart
Jasmine Urquhart
clock 03 September 2025 • 2 min read
Tender Watch: Emerson selects LifeSight as master trust provider
Defined Benefit

Tender Watch: Emerson selects LifeSight as master trust provider

LifeSight will cover all active, deferred and drawdown members of the pension scheme

Professional Pensions
Professional Pensions
clock 27 August 2025 • 1 min read
FTSE 350 firms face 'financial risk' from early DB surplus access
Defined Benefit

FTSE 350 firms face 'financial risk' from early DB surplus access

Barnett Waddingham says firms will miss out on additional value if they access surpluses too soon

Holly Roach
Holly Roach
clock 18 July 2025 • 2 min read
Trustpilot