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

Rising Star Awards 2026: Nominees revealed and entries open!

Rising Star Awards 2026: Nominees revealed and entries open!

People have been nominated in their hundreds for this year’s awards

Professional Pensions
clock 21 May 2026 • 13 min read
Women in Pensions 2026: Entries close tomorrow!

Women in Pensions 2026: Entries close tomorrow!

Individuals and organisations nominated have until 22 May to complete entries

Professional Pensions
clock 21 May 2026 • 1 min read
News Digest: Union to demand public inquiry over civil service pension crisis

News Digest: Union to demand public inquiry over civil service pension crisis

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

Professional Pensions
clock 21 May 2026 • 1 min read
Trustpilot