Consider refinement of DB funding code, says industry

TPR encouraged to increase simplicity ahead of the code’s publication in the spring

Martin Richmond
clock • 4 min read
Hitchiner: We support the fundamental objectives of the new funding regime, but some aspects require revision
Image:

Hitchiner: We support the fundamental objectives of the new funding regime, but some aspects require revision

The industry has called on The Pensions Regulator (TPR) to refine aspects of its new defined benefit (DB) general code of practice.

In response to TPR's DB funding code of practice consultation and the separate fast-track consultation, which close for comments tomorrow (24 March), the industry urged the regulator to consider re...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

The PPF's Shalin Bhagwan and James Emmott

Webinar: The PPF Purple Book - Register now

PP joins PPF’s Shalin Bhagwan and James Emmott to discuss the latest DB scheme data

Professional Pensions
clock 30 November 2023 • 1 min read
PASA's Kristy Cotton and Alan Clay

Can schemes analyse the accuracy of their own identification data?

PASA experts discuss whether schemes may need to appoint a third-party agency

Kristy Cotton and Alan Clay
clock 29 November 2023 • 3 min read
Savings boost of 15% needed for young people to retire early

Savings boost of 15% needed for young people to retire early

L&G highlighted the ‘power’ of compound growth when it comes to pension saving

Holly Roach
clock 29 November 2023 • 1 min read
Trustpilot