Defined Benefit

Sponsoring employers could be hit with a bill of around £34bn bill under TPR’s new DB funding code

December rises in corporate bond yields were partly offset by falls in gilts and equities

William Engelhardt looks at the key themes likely to affect DB scheme members in 2023

Trade body concerned that code shifts the ways in which strategy negotiations operate

LCP survey respondents fear new regime will generate substantially more work for schemes

Toolkit designed to take schemes through every step of their journey to buyout

Rises in bond yields during the month cited as primary driver for rising surpluses

Schemes with lower levels of hedging saw largest funding improvements

XPS analysis finds that funding improved by nearly 20 percentage points over the year

Experts from Hymans Robertson have revealed hopes and predictions for 2023