'Glaring omission' of climate risks in DB funding code

LCP analysis of TPR’s consultation documents found scarce references to climate change

Martin Richmond
clock • 2 min read
'Glaring omission' of climate risks in DB funding code

The lack of references to the risks posed by climate change in The Pensions Regulator’s (TPR) new defined benefit (DB) funding code is a ‘glaring omission’, according to Lane Clark & Peacock (LCP).

Analysis by the consultancy of the suite of documents published by TPR in December last year - which included the second consultation, a draft of the proposed new code and a response to the first c...

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