TPR delays second DB code consultation to late summer

Revised DB funding code was initially expected to launch by end of 2021

James Phillips
clock • 2 min read
TPR executive director of regulatory policy, analysis and advice David Fairs
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TPR executive director of regulatory policy, analysis and advice David Fairs

The Pensions Regulator (TPR) has postponed the publication of the second part of its consultation on the revised defined benefit (DB) funding code.

After the first consultation in March 2020, the whole code was expected to launch this year, but the consultation for its second part is now due "in the late summer of 2022". The regulator said it wanted...

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