PLSA says DB funding code implementation should be delayed by six months

Delay would give schemes time to prepare and ensure regulatory certainty

Jonathan Stapleton
clock • 2 min read
PLSA director of policy and advocacy Nigel Peaple: "it makes sense to take a few more weeks now, in order to get things right for the future"
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PLSA director of policy and advocacy Nigel Peaple: "it makes sense to take a few more weeks now, in order to get things right for the future"

The Pensions and Lifetime Savings Association (PLSA) has called for implementation of the new defined benefit (DB) funding code should be pushed back to April next year.

The trade body's response to The Pensions Regulator's draft DB funding code consultation - published today (24 March) welcomed the additional flexibility in the draft code, particularly around the ...

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