BN165 - Annual Funding Statement 2018
Briefing Notes posted on 27 April, 2018
The Pensions Regulator has recently issued the annual defined benefit funding statement for 2018. The statement is particularly aimed at trustees and employers undertaking valuations with effective dates between 22 September 2017 and 21 September 2018. The statement is more “technical” than previous annual statements and continues the Regulator’s key themes of integrated risk management and contingency planning. In particular, the statement focuses on the actions the Regulator expects trustees to have taken and stresses the actions it may take under its “clearer, quicker, tougher” approach to monitoring funding valuations.
This briefing note summarises the statement.