Industry welcomes 'balanced approach' of new DB funding code of practice

Code offers regulatory certainty but industry ‘not fully clear of the tunnel just yet’

Jonathan Stapleton
clock • 8 min read
Joe Dabrowski: The final draft code provides greater clarity and flexibility
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Joe Dabrowski: The final draft code provides greater clarity and flexibility

The Pensions Regulator (TPR) has taken a “balanced approach” to the final draft of the defined benefit (DB) funding code, the industry says.

The code – which was laid before parliament this morning – sets out to trustees, sponsoring employers and advisers TPR's guidance and expectations on how to comply with the funding and investment s...

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