TPR updates DB covenant guidance

Guidance for DB trustees is aligned with regulator’s funding code

Holly Roach
clock • 7 min read
TPR updates DB covenant guidance

The Pensions Regulator (TPR) has updated its guidance on defined benefit (DB) covenant, in a bid to “deliver better saver outcomes”.

The regulator's guidance for DB trustees is aligned with its funding code and was revised to provide the market with "greater certainty over how TPR expects trustees to assess their employer covena...

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

More on Industry

PP DC Conference 25: TPR assesses 'historic' landscape for trustees

PP DC Conference 25: TPR assesses 'historic' landscape for trustees

TPR’s Patrick Coyne emphasises key focus areas including value for money and data

Jasmine Urquhart
clock 19 June 2025 • 3 min read
Bank of England leaves interest rates unchanged

Bank of England leaves interest rates unchanged

The next MPC meeting is in August

Sorin Dojan
clock 19 June 2025 • 3 min read
Good News Corner: Club Vita's Douglas Anderson runs length of Britain for CRUK

Good News Corner: Club Vita's Douglas Anderson runs length of Britain for CRUK

Actuary now over half way through his epic journey from Lands End to John O’Groats

Jonathan Stapleton
clock 19 June 2025 • 2 min read
Trustpilot