TPR: We will not force trustees to buyout

TPR executives spoke at a Work and Pensions Committee hearing this morning

Holly Roach
clock • 3 min read
TPR CEO Nausicaa Delfas
Image:

TPR CEO Nausicaa Delfas

Executives at The Pensions Regulator (TPR) have stated that, as funding levels of defined benefit (DB) schemes continue to increase, the watchdog will not push trustees to buyout.

Speaking this morning (29 November) at a Work and Pensions Committee (WPC) hearing on DB pension schemes, TPR interim director of regulatory policy, analysis and advice Louise Davey noted: "Buyout ...

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