Jane Curtis, from the Institute and Faculty of Actuaries comments on the Pension Regulators (TPR) Defined Benefit (DB) scheme funding analysis report which is published on the 11th October11 October 2012
“It is helpful that the Regulator has conducted this analysis which highlights how the funding position of schemes is impacted by the current economic environment.
“We are pleased to see the regulator emphasising the flexibility within the funding regime to deal with the significant challenges that lay ahead for schemes and their sponsoring employers. In meetings these challenges it is vitally important that trustees, sponsoring employers, advisors and the Regulator work together to ensure this flexibility is readily available to all schemes.”
For further comment or a JPEG image of Jane Curtis please contact Karen Wagg on 077 255 58 551 or Paul Reynolds at the Institute and Faculty of Actuaries on 020 7632 1487. Karen.email@example.comfirstname.lastname@example.org and Paul.email@example.com