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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Partner Insight: Run-on – Buying time to buyout

Partner Insight: Run-on – Buying time to buyout

Leah Evans, Partner, Aon
clock 06 December 2024 • 4 min read
DB surpluses remain at 'record levels', XPS says

DB surpluses remain at 'record levels', XPS says

November shows aggregate surplus at around £211bn, with a record 117% funding level

Jasmine Urquhart
clock 05 December 2024 • 1 min read
DB scheme funding levels remain steady in November, Broadstone finds

DB scheme funding levels remain steady in November, Broadstone finds

Sirius Index shows slight movements in funding levels following Autumn Budget and US election

Martin Richmond
clock 05 December 2024 • 1 min read
Trustpilot