DB funding analysis – “lots for schemes to be thinking about now they find themselves better funded”

Commenting on the latest analysis of DB funding positions, Jon Forsyth, Partner and Head of Pensions Development, said:

"This latest TPR analysis shows continued improvement in scheme funding positions, which will not be news to most of the industry. Next year's analysis will be the first in the new funding regime and will shed more light on how schemes are shaping up against those new requirements.

"But in the meantime there is lots for schemes to be thinking about now that they find themselves better funded - not least the growing number of endgame options, and the new surplus sharing regime coming in from April next year which could offer the chance to share some of this improvement in funding between sponsors and members."