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

Martin Richmond
Author spotlight

Martin Richmond

Senior Correspondent at Professional Pensions

More on Defined Benefit

Aggregate DB surplus rises to £280.7bn in September

Aggregate DB surplus rises to £280.7bn in September

PPF says funding positions strengthened as liabilities fell faster than assets during the month

Jonathan Stapleton
clock 13 October 2026 • 1 min read
DB pension surpluses are back on the agenda

DB pension surpluses are back on the agenda

David Brooks looks at the arguments on how best to use pension surpluses

David Brooks
clock 14 September 2026 • 3 min read
DB scheme funding holds steady in August

DB scheme funding holds steady in August

Broadstone index shows steady funding as gilt yields up

Holly Roach
clock 11 September 2026 • 1 min read
Trustpilot