Pensions - Articles - The Pensions Regulator on pension scheme funding

 The Pensions Regulator has published a Statement to provide guidance on how pension scheme funding valuations should be approached in today's challenging economic environment.
 It is aimed at trustees and employers of defined benefit pension schemes who are undertaking their scheme valuations with effective dates in the period September 2011 to September 2012. However, it is relevant to all trustees and employers with a defined benefit pension scheme.

 Trustees and employers that follow the guidance in the Statement are more likely to reach funding agreements that the regulator finds acceptable without the need for regulatory involvement. The aim of the Statement is to encourage employers and trustees to work with their advisors to begin the process of implementing the approaches to their scheme funding valuations.

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