DB funding regulations could cost employers billions

Sponsoring employers could be hit with a bill of around £34bn bill under TPR’s new DB funding code

Martin Richmond
clock • 3 min read
DB funding regulations could cost employers billions

The new defined benefit (DB) funding rules could see sponsoring employers be faced with substantially increased costs running into billions of pounds, according to research by Lane Clark & Peacock (LCP).

Analysis by the consultancy of The Pensions Regulator's (TPR) second consultation on the DB funding code explained schemes mostly comprised of pensioners should be taking as little investment risk ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Combined IAS19 surplus of FTSE 100 companies rises to £70bn in January

Combined IAS19 surplus of FTSE 100 companies rises to £70bn in January

LCP Pensions Explorer measured £5bn increase in FTSE 100 surplus since last month

Jasmine Urquhart
clock 07 February 2025 • 1 min read
Tender Watch: Charities Pensions Club appoints First Actuarial

Tender Watch: Charities Pensions Club appoints First Actuarial

First Actuarial to become organisation’s actuarial partner

Professional Pensions
clock 07 February 2025 • 1 min read
Aon predicts further rise in UK BPA market for 2025

Aon predicts further rise in UK BPA market for 2025

Consultancy predicts total volume of BPA business in 2024 to be between £45bn and £50bn

Jasmine Urquhart
clock 28 January 2025 • 2 min read
Trustpilot