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Barnett Waddingham partner Helen Turner: The new legislative requirements have created additional complexity for well-funded schemes
Barnett Waddingham has submitted the first actuarial valuation under the new defined benefit (DB) funding code – completing the assessment for The Pension and Life Assurance Plan of The Royal Society, which was submitted under the ‘bespoke’ route.
The actuarial firm's submission – which it said The Pensions Regulator (TPR) had confirmed to be the first completed in the industry – comes after the new regulatory requirements came into effect f...
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