Why a revised DB funding code must not be too rigid

James Phillips
clock • 8 min read

The DB white paper sets out plans to review the funding regime, with 'prudent' and 'appropriate' possibly redefined. But James Phillips asks if this could this signal a return to an MFR-like approach

The words 'prudent' and 'appropriate' are vital in deciding the assumptions used for measuring the liabilities of a defined benefit (DB) scheme. Yet, legally, these terms are undefined and it is in...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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