Risk management can mitigate schemes' lost funding code flexibility, says TPR

Holly Roach
clock • 3 min read
TPR said the code will be finalised and operational in late 2022 or early 2023
Image:

TPR said the code will be finalised and operational in late 2022 or early 2023

The potential loss of scheme flexibility outlined in The Pensions Regulator’s (TPR) interim response to its defined benefit (DB) funding code should not be a concern as long as schemes can manage risk, the watchdog said.

Speaking at the Pensions and Lifetime Savings Association's (PLSA) Investment Conference today (9 March), TPR executive director of regulatory policy, analysis and advice David Fairs said while the...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions member?

Login

More on Mandates

Industry Voice: What are scope 3 emissions and why are they important?

Industry Voice: What are scope 3 emissions and why are they important?

In this Explainer video, Thomas Höhne-Sparborth says investors need to look at all types of emissions to gain a true picture

Lombard Odier Investment Managers
clock 23 June 2022 • 1 min read
Industry Voice: Do net-zero targets affect investment returns?

Industry Voice: Do net-zero targets affect investment returns?

In this Explainer video, Thomas Höhne-Sparborth explains the best way to decarbonise an investment portfolio

Lombard Odier Investment Managers
clock 16 June 2022 • 1 min read
Industry Voice: Re-thinking the management of committed capital

Industry Voice: Re-thinking the management of committed capital

Michael Walsh, Niklas Jeschke and Paul Gallagher at T. Rowe Price
clock 25 May 2022 • 4 min read
Trustpilot