DB schemes still adjusting to funding code after a year, Aon says

Consultant says code has led to ‘significant change’ for a minority of DB schemes

Martin Richmond
clock • 2 min read
DB schemes still adjusting to funding code after a year, Aon says

Defined benefit (DB) pension schemes are still adjusting to the new funding regime one year since the introduction of the new funding code, Aon says

The consultancy said after the code was introduced a year ago, it was seen as one of the most "significant" changes for pension schemes since 2005. The code was laid in parliament last July and cam...

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 Defined Benefit

LGPS Central to launch pooled global credit fund

LGPS Central to launch pooled global credit fund

Capital Group, J.P. Morgan Asset Management and Neuberger Berman hired as managers.

Jonathan Stapleton
clock 03 February 2026 • 2 min read
Vast majority of DB members confident about their pension

Vast majority of DB members confident about their pension

But insurer says confidence plummets at times of change, such as during a buyout process

Jonathan Stapleton
clock 02 February 2026 • 2 min read
Isio launches small to mid-sized DB scheme buyout service

Isio launches small to mid-sized DB scheme buyout service

PenUltimate designed to help schemes overcome ‘operational bottlenecks’ on the journey to buyout

Martin Richmond
clock 27 January 2026 • 2 min read
Trustpilot