Article summary
The Pensions Regulator (TPR) has announced that trustees will be asked for more information on how they allocate their assets from 2023. The aim of gathering additional data is to assist TPR in assessing the investment risk of schemes and support of the Pension Protection Fund in its levy calculation. This development derives from the outcome of the ‘updating asset information collected from defined benefit pensions schemes’ consultation. The TPR wishes to take a proportionate approach to collecting data, by requesting three levels of detail depending on the scheme’s size.
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