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 October

“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.”