The Pensions Regulator has just published the Annual Funding Statement 2023 which sets out what TPR expects from schemes depending on their liabilities, funding strength and covenant support.
This statement is for trustees and sponsoring employers of occupational defined benefit (DB) pension schemes. It is particularly relevant to schemes with valuation dates between 22 September 2022 and 21 September 2023 (known as Tranche 18, or T18).
Click below to read the Annual Funding Statement 2023.
https://lnkd.in/eX73nHgh
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