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Supporting innovation in DB superfunds to drive better saver outcomes

Published on: 21 September 2023

Table of contents

  • What is the background to TPR's revised DB superfund guidance?
  • What changes have been made to the guidance and what are the implications for trustees and employers?
  • What are the next steps for trustees, sponsoring employers, regulators and the government?

Article summary

Pensions analysis: On 10 August 2023, the Pensions Regulator (TPR) published an update to its defined benefit (DB) superfunds guidance. The update was the result of a promised review which TPR committed to undertake within three years of the publication of the guidance in 2020. In March 2023, TPR began a targeted engagement with key external stakeholders. Angela Sharma, senior counsel at Taylor Wessing, examines the update and its potential implications.

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