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

Join now

 

Already a Professional Pensions
member?

Login

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Defined Benefit

CMI Q3 data shows ongoing high mortality for young adults

CMI Q3 data shows ongoing high mortality for young adults

Cumulative mortality rates 3.5% lower than 2023 but 2% above the ten-year average for ages 20 to 44

Jasmine Urquhart
clock 10 October 2024 • 1 min read
DB surpluses climb to record highs in September, PwC finds

DB surpluses climb to record highs in September, PwC finds

Firm says strength of surpluses brings ‘continued focus’ on investment in productive assets

Martin Richmond
clock 10 October 2024 • 2 min read
DB transfer compensation sinks to record low in Q3

DB transfer compensation sinks to record low in Q3

Broadstone says redress values have continued to ‘tick down’ in 2024

Martin Richmond
clock 08 October 2024 • 2 min read
Trustpilot