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Annual funding statement for defined benefit pension schemes
This statement is for trustees of all occupational defined benefit (DB) pension schemes and their sponsoring employers. It is particularly relevant to those whose valuations have effective dates between 22 September 2017 and 21 September 2018 (Tranche 13, or T13 reviews). However, many of the messages are also relevant for other schemes, especially those undergoing significant changes that require a review of their funding and risk strategies.
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