Pension scheme funding: benchmarking analysis report
22 Oct 2020
Taking time to understand the expectations for your DB pension scheme is more important than ever. The turmoil caused by COVID-19 and upcoming regulatory changes in the form of a new DB funding code will mean schemes will need to work hard to demonstrate that they have clear plans in place.
Our benchmarking analysis report summarises the information published by TPR on pension scheme funding. Benchmarking your scheme will:
- Give you the opportunity to compare your current funding plans against what similar schemes are doing.
- Offer valuable insight into where TPR will ultimately set the parameters within the new framework.
- Help you understand which segment is most relevant and the key actions to take on covenant, investment, and funding in response.
We encourage you to start preparing now! If you have any questions about anything outlined in our report, please don't hesitate to get in touch.
Want more information?
Our segment identifier tool can tell you which of TPR’s segments is most relevant to your scheme and the key actions you should be taking in response.
Fast Track or Bespoke?
Our fast track tool can quickly identify whether your current strategy is more suited to the ‘Fast Track’ or ‘Bespoke’ route from TPR’s new DB Funding Code of Practice.