UK: Analysing the TPR Annual Funding Statement 2021
In its Annual Funding Statement, The Pensions Regulator (TPR) has stressed that, despite challenges caused by Covid-19 and Brexit, trustees and employers should retain a focus on the long-term by having a strategy to reduce reliance on the employer.
Equity markets have risen sharply and so have gilt yields. Many schemes will have seen their funding position improve – in some cases significantly. Schemes may be in a good position now to remove material risk from their investment strategy, but will need to consider the implications on their long-term plan…
Read the full blog at Barnett Waddingham.