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

More on Defined Benefit

Liz Woodyard: Four decades in investment management

Liz Woodyard: Four decades in investment management

The Avon Pension Fund investment manager looks back on her career

Jonathan Stapleton
clock 22 September 2025 • 6 min read
DB schemes still adjusting to funding code after a year, Aon says

DB schemes still adjusting to funding code after a year, Aon says

Consultant says code has led to ‘significant change’ for a minority of DB schemes

Martin Richmond
clock 22 September 2025 • 2 min read
Funding levels of UK charity DB schemes continue to rise with reserves hitting £49bn

Funding levels of UK charity DB schemes continue to rise with reserves hitting £49bn

Hymans research finds DB funding level of many schemes has surpassed 100%

Holly Roach
clock 17 September 2025 • 2 min read
Trustpilot