Schemes urged to prep now for DB funding code reliability period rules

Hymans Robertson webinar advises schemes to determine covenant reliability periods

Jasmine Urquhart
clock • 3 min read
Alistair Russell-Smith: Schemes should be fully-funded on a low dependency basis by the time of significant maturity
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Alistair Russell-Smith: Schemes should be fully-funded on a low dependency basis by the time of significant maturity

Pension schemes should be aware of covenant reliability period requirements ahead of The Pension Regulator’s (TPR’s) new defined benefit (DB) funding code, which is due to come into force later this year.

During a webinar held yesterday (28 February), Hymans Robertson partner and head of corporate DB Alistair Russell-Smith explained the key concepts behind the draft DB funding code and advised schem...

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