Scheme funding Valuations and recovery plans of UK defined benefit and hybrid pension schemes
This is an update to The Pensions Regulator’s (the regulator) annual analysis of UK defined benefit and hybrid schemes. All analyses including the data tables published in conjunction with this report (as an appendix) are prepared in accordance with the UK code of practice for official statistics. All analysis is based on valuations and recovery plans submitted by schemes to the regulator.
Most of the analysis here relates to schemes in deficit on a technical provisions (TPs) basis (except where otherwise stated). The analysis is based on recovery plans submitted, prior to any assessment of them by the regulator.