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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