Category Archives: Employer Covenant

The Pensions Regulator’s statement – taking things too far

Towards the end of April the Pensions Regulator (tPR) released its first annual statement on the funding of pension schemes. Despite its reporting in the press, I can’t see how this gives any additional slack to employers. However, it does provide perhaps the clearest steer yet on how the Pensions Regulator expects The Occupational Pension […]

F1rst briefing – Monitoring Employer Support

Background The Pensions Regulator has issued new guidance for trustees of occupational defined benefit pension schemes to help them assess, monitor and take action on the covenant of their scheme’s sponsoring employer. The new guidance brings together into one framework the support provided by scheme sponsors through employer covenant, and the additional security which may […]