Responding to TPR’s Annual Funding Statement

Commenting on TPR’s Annual Funding Statement from a longevity perspective, Erik Pickett, Longevity Consultant at Club Vita said:


“It is good to see the Pensions Regulator’s continued commitment to a holistic approach to risk through its Integrated Risk Management approach. With Brexit day fast approaching investment and covenant risks may require the most immediate attention, but the long term nature of pensions means that funding risk still remains high on the agenda.

 

"Longevity is one of the key funding risks and trustees should continue to monitor developments emerging from the latest data and ensure they understand the specific demographic make-up of their schemes.”

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