'True flexibility' in bespoke DB funding code proposal questioned
The true level of flexibility for defined benefit (DB) schemes that take the ‘bespoke’ option laid out in the proposed DB funding code needs further clarification, the industry has said.
The first tranche of the funding code consultation was published in early March and set out The Pensions Regulator's (TPR) expectations for the future of DB scheme funding. The consultation was the extended...
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