The Pensions Regulator (TPR) has published its fifth annual DB funding statement (8 pages) which, it says, should be read in conjunction with the DB Code of Practice, which TPR expects trustees to take into account in their valuations. It is aimed principally at those schemes undertaking valuations with effective dates between 22 September 2015 and 21 September 2016 (Tranche 11) but is also of interest to other schemes. Read more.
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