New funding regulations put trustees in spotlight

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UK - The draft code of practice on pension scheme funding published this week represents the UK's "most radical ever" change to the way in which trustees and companies determine scheme funding, says Aaron Punwani, partner and head of trustee consulting at Lane Clark & Peacock.

“The impact on the level of contributions to pension schemes will take time to emerge, but there is no doubt that the pressure will be upwards,” he said. “The regulations also require much more ...

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