TPR warns trustees to check suitability of long-term funding targets

Regulator’s funding statement urges trustees to take a fresh look at their strategies

Holly Roach
clock • 5 min read
TPR Interim director of regulatory policy, analysis and advice Lou Davey
Image:

TPR Interim director of regulatory policy, analysis and advice Lou Davey

The Pensions Regulator (TPR) has urged trustees to review their long-term funding targets to ensure they are still appropriate after funding improvements.

In its 2023 Annual Funding Statement - published today (27 April) - the regulator said despite defined benefit (DB) scheme funding positions improving, there is "variation between schemes" and warn...

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

More on Industry

Buzz: Should public sector schemes move to DC for new members?

Buzz: Should public sector schemes move to DC for new members?

Public sector schemes, Waspi women and retirement living standards

Professional Pensions
clock 03 February 2026 • 1 min read
News Digest: Council workers later convicted of crimes will be stripped of pensions

News Digest: Council workers later convicted of crimes will be stripped of pensions

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 03 February 2026 • 1 min read
L&G becomes ABI member

L&G becomes ABI member

Firm becomes one of 300 members after working with the ABI on projects

Jasmine Urquhart
clock 30 January 2026 • 1 min read
Trustpilot