DB funding rules could make 200 employers insolvent

LCP says the regulations are ‘unnecessarily rigid’ and urged the DWP to rewrite them

clock • 3 min read
Jonathan Camfield
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Jonathan Camfield

New funding rules for defined benefit (DB) schemes could unnecessarily cost businesses and members up to £30bn and lead to insolvencies, Lane Clark & Peacock (LCP) has warned.

The consultancy is urging the government to think again about its "rigid" new rules on pension scheme funding, warning that it could affect the government's growth agenda and bring 200 employers to...

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