Updated: TPR delays DB funding code until April 2024

Regulator’s corporate plan reveals delay to code as well as priorities for upcoming year

Jasmine Urquhart
clock • 4 min read
TPR chair Sarah Smart: "“A key theme in the plan is that we — working with our partners — expect schemes to provide good value for money"
Image:

TPR chair Sarah Smart: "“A key theme in the plan is that we — working with our partners — expect schemes to provide good value for money"

The Pensions Regulator (TPR) has today (21 April) announced a delay to its defined benefit (DB) funding code until April 2024.

In its new corporate plan for 2023/24, TPR said the launch of its DB funding code, which was originally due to be published later this year, would be pushed back until the first half of 2024. In...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

Box Clever members transfer to ITV Pension Scheme as long-running case concludes

Box Clever members transfer to ITV Pension Scheme as long-running case concludes

TPR has now ceased its regulatory action against ITV and associated entities

Jonathan Stapleton
clock 06 November 2025 • 2 min read
Master trust authorisation six years on: What has changed and what's to come?

Master trust authorisation six years on: What has changed and what's to come?

Industry says regime has set a strong foundation but there is ‘room to evolve’

Holly Roach
clock 06 November 2025 • 8 min read
The red face test – how would you fare?

The red face test – how would you fare?

Naomi Brown asks how trustees can prepare for when a decision they make is challenged

Naomi Brown
clock 31 October 2025 • 4 min read
Trustpilot