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

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 Industry

PPF Purple Book highlights strong DB funding and overall market stability

PPF Purple Book highlights strong DB funding and overall market stability

20th edition of the PPF’s Purple Book shows the overall DB deficit improved and funding ‘remains strong’

Holly Roach
clock 04 December 2025 • 3 min read
Webinar: The PPF Purple Book - Register now

Webinar: The PPF Purple Book - Register now

PP joins PPF’s Shalin Bhagwan and James Emmott to discuss the latest DB scheme data

Jonathan Stapleton
clock 03 December 2025 • 1 min read
News Digest: Why it no longer pays to defer the state pension

News Digest: Why it no longer pays to defer the state pension

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 03 December 2025 • 1 min read
Trustpilot