The underpinning principle of our revised DB Funding Code is that schemes should have the necessary long-term funding approach to ensure savers have the best chance of receiving the benefits they expect.Continue reading
DC: Investing for the future
The Productive Finance Working Group has now published its final report: A Roadmap for increasing investment in Productive Finance Investments (bankofengland.co.uk – PDF, opens in a new tab). We welcome the report and the approach taken to try to unlock current barriers, structural and practical, to long term investment, particularly in the DC market.Continue reading
Why trustees do have influence in the shift to UK net zero
The risks and opportunities arising from climate-related change are an area of increasing focus for pension trustees. But what can trustees really do given the scale of the challenge. David Fairs, The Pensions Regulator’s Executive Director of Regulatory Policy, Analysis and Advice explains how schemes can and must make a difference in the transition to a net zero economy.Continue reading
Now is the time to manage liquidity risk
The dynamics of pension scheme cashflows change, and can change rapidly.Continue reading
A maturing and innovating landscape for defined benefit pensions
For much of the twentieth century, private or workplace pensions meant defined benefit.
Protecting DB savers: our expectations are clear
Making workplace pensions work is at the heart of what we do, but it’s also the job of those who fund and manage pension schemes.Continue reading
New powers help bring balance and confidence to pensions
Here at TPR, when we are regulating DB schemes, we have to pull off a complicated balancing act. Parliament has given us a mandate to protect pension savers and the PPF.
Protecting the DB pensions universe
In assessing the events of 2017/18, I’m reminded not just of the work of industry and TPR colleagues but of the excellence and the dedication my colleagues at the Pension Protection Fund (PPF) provide.
Pensions – we need good news as well as the bad and the ugly
No-one can claim that all is rosy in the pensions world. There are many things that could – and should – be done to make UK pensions better, simpler and more sustainable.
Why DB pensions matter
If you only had newspaper headlines to go on, you might be forgiven for thinking that private sector defined benefit (DB) pension schemes are about to reach the end of the road.