Sonya Fraser looks at TPR’s new DB superfund guidance in Pensions Age
Sonya Fraser, senior associate comments on The Pensions Regulator’s (TPR) new guidance for trustees and employers contemplating a transfer to a defined benefit (DB) superfund.
The guidance sets out TPR’s approach to regulating transfers, and its expectations of trustees and employers when considering whether to transact. This follows on from TPR’s June 2020 interim regime for assessing DB superfunds, pending the establishment of a full statutory framework which is now expected in a further Pensions Bill at some point during the current Parliament.
Read the full article in Pensions Age