Third way needed in DB funding code; 'Evolution not revolution' urged on covenant

James Phillips
clock • 6 min read

Oversimplification must be avoided in The Pensions Regulator’s (TPR) proposed revision of the defined benefit (DB) scheme funding code, and a third way might be necessary, the industry has said.

As the consultation on the principles underlying the code closes to responses today (2 September), several respondents questioned whether the twin-track approach would provide enough flexibility. ...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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