The Society of Pension Professionals (SPP) has called on The Pensions Regulator (TPR) to simplify its draft defined benefit (DB) funding code, warning its proposals are “lacking in proportionality and pragmatism”.
The firm said the code puts "unnecessary compliance burden" on schemes and warned the regulator's proposals need simplifying. It suggested all proposals will force schemes to carry out detailed ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
