TPR: Engage promptly if considering a capital-backed journey plan

Regulator confirms guidance on alternative funding arrangements to be published in 2024

Martin Richmond
clock • 2 min read
Birch: We are committed to enabling innovation in the DB space
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Birch: We are committed to enabling innovation in the DB space

Trustees considering a capital-backed journey plan (CBJP) for their scheme should engage with The Pensions Regulator (TPR) at the “earliest opportunity”, TPR director of supervision Mike Birch has said.

In a blog published today (27 November), Birch said as part of the regulator's work to protect savers and support innovation in the defined benefit (DB) market, it has been working with providers t...

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