Source · Select Committees · Work and Pensions Committee

Recommendation 5

5

Concerns raised about the reliability of reported pension scheme funding level improvements.

Conclusion
According to TPR the majority of pension schemes emerged from 2022 with improved funding levels. However, external analysis raises questions as to how confident we can be about these improvements. We are concerned that some schemes had their funding levels negatively affected as a result of the events of September
Government Response

A response document is linked to this report, dated 20 November 2023. Response attribution to this conclusion has not been verified. Read the response document ↗