Find out what’s happening at Sackers. Our News section provides information about recent work, press comment and media coverage, and what our people are doing.
Introduction TPR’s latest annual funding statement, along with the accompanying analysis, was published on 29 April 2025. With the majority of schemes now in surplus, TPR expects most schemes to shift their focus from deficit recovery to...
Introduction Hailed by TPR as the “last piece of the jigsaw to help schemes carry out valuations under the new DB funding code”, yesterday TPR published its revamped covenant guidance (“the Guidance”). Building on the detail in the...
With the new DB funding regime now in force (albeit with some detail still missing), in this Hot Topic we summarise the new requirements and set out key actions for trustees and employers. In this Hot Topic: The main headlines What’s...
Introduction After months of speculation, the final draft DB funding code (“the Code”) was laid before Parliament today, with TPR hailing it as “a key milestone in delivering the significant package of work to improve the...
Introduction TPR’s latest annual funding statement was published on 24 April 2024. With the majority of schemes estimated to have improved funding positions, and in light of the Mansion House reforms announced in the year since the last...
Background On 5 March 2024, the Pensions Regulator (“TPR”) issued a consultation (“the Consultation”) on the statement of strategy (“the Statement”) that DB trustees will need to submit as part of planning and managing their...
Introduction TPR today published a consultation on the statement of strategy (the “Statement”) that DB trustees will need to submit as part of planning and managing their scheme’s funding. It forms part of a wider package of...
Introduction The first document in the new funding regime jigsaw has now been issued in final form. Designed to implement new requirements set out in the PSA21 for DB schemes to have a funding and investment strategy (“the F&I...
Introduction TPR’s latest annual funding statement (the “statement”) was published on 27 April 2023. With the majority of schemes estimated to have improved funding positions, TPR encourages trustees to consider if their long-term...
