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

The 12 days of pensions

The 12 days of pensions

Pensions UK's take on a festive favourite

Cali Sullivan and Mark Smith
clock 19 December 2025 • 5 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Mercer to invest in Schroders LTAF, Aviva DB surplus transfer solution, DWP trustee consultation

Professional Pensions
clock 19 December 2025 • 1 min read
News Digest: Kent Pension Fund in SPPA discussions with Surrey Pension Fund

News Digest: Kent Pension Fund in SPPA discussions with Surrey Pension Fund

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

Professional Pensions
clock 19 December 2025 • 1 min read
Trustpilot