Latest TPR DB scheme data shows funding improvements

Data for ‘tranche 17’ schemes from 2021 to 2022 also shows reduction in length of recovery plans

Jasmine Urquhart
clock • 2 min read
Latest TPR DB scheme data shows funding improvements

Improvements in defined benefit (DB) scheme funding levels have been recorded in The Pensions Regulator’s (TPR) latest data on occupational DB schemes.

The data for the 1,640 ‘tranche 17' schemes, measuring the year to 21 September 2022, showed a 5% rise in the median funding level to 97%, compared with 92% for ‘tranche 14' schemes. A minority ...

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

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Defined Benefit

FTSE 100 DB scheme funding levels remain strong in December, LCP finds

FTSE 100 DB scheme funding levels remain strong in December, LCP finds

Consultancy’s analysis finds aggregate funding level saw a 10% increase over the last 12 months

Martin Richmond
clock 06 February 2026 • 1 min read
Endgame complexities may boost demand for professional trustees, Hymans says

Endgame complexities may boost demand for professional trustees, Hymans says

Firm says need for professional trustees may grow in short-term but could be ‘dampened’ in the long-term

Martin Richmond
clock 05 February 2026 • 2 min read
LGPS Central to launch pooled global credit fund

LGPS Central to launch pooled global credit fund

Capital Group, J.P. Morgan Asset Management and Neuberger Berman hired as managers.

Jonathan Stapleton
clock 03 February 2026 • 2 min read
Trustpilot