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By Venilia Amorim2021-05-26T14:57:00+01:00
The UK’s pension regulator has today published its annual funding statement 2021 which sets out specific guidance on how defined benefit (DB) pension funds should approach valuations and their funding positions carefully under current conditions.
The Pensions Regulator (TPR) said that DB trustees “must remain alert to the risk of weakening employer covenants as uncertainties remain following a challenging year for businesses”.
David Fairs, TPR’s executive director of regulatory policy, said: “This has been a challenging period for many employers and so trustees in carrying out actuarial valuations need to review how their covenant may have changed in the past year and then continue to monitor it. We expect them to remain engaged with employers, who in many cases are emerging from a difficult business period.” ....

United Kingdom , Charles Cowling , Alan Collins , Hyman Mclaren , Hymans Robertson , Laura Mclaren , Tim Middleton , Pensions Management Institute , Pensions Regulator , ஒன்றுபட்டது கிஂக்டம் , சார்லஸ் கோலிங் , ஆலன் கோலின்ஸ் , லாரா மக்லேரந் , நேரம் மிடில்டன் , ஓய்வூதியங்கள் மேலாண்மை நிறுவனம் , ஓய்வூதியங்கள் சீராக்கி ,