TPR's 2020 Annual Funding Statement: Something Old, Something New
The Pension Regulator’s (TPR) Annual Funding Statement (AFS) is a fixture in the defined benefit (DB) pensions calendar but its arrival this year could not be against a more changed backdrop: new leaders for the two largest political parties, the country in lockdown, and the extraordinary concept of negative oil prices, while Brexit still rumbles on.
A year ago, this article would have covered a new DB funding code (now subject to a first-round consultation, but somewhat overtaken by recent events) and new powers for TPR (which have finally made it...
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