TPR tranche 18 analysis shows majority of schemes now in surplus

Two-thirds in surplus on technical provisions basis as funding ratio reaches 104%

Jasmine Urquhart
clock • 2 min read
TPR tranche 18 analysis shows majority of schemes now in surplus

The Pensions Regulator (TPR) has released latest defined benefit (DB) scheme funding data.

The analysis – based on some 1,640 valuations of tranche 18 schemes, those with valuation dates between 22 September 2022 and 21 September 2023 – found two-thirds (62%) reported a surplus on a tech...

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Jasmine Urquhart
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Jasmine Urquhart

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