The DWP and DB funding — what will small schemes face?

Mark Alexander breaks down the small scheme challenges on the horizon  

clock • 2 min read
Mark Alexander
Image:

Mark Alexander

There are a few positive signs to take away from this latest consultation by the Department for Work and Pensions (DWP), and it is good to see that the new funding regime is now coming together after the inevitable delays caused by the Covid pandemic.

As the firm details behind the new framework start to be published, trustees and sponsors will be able to push forward agreements without fear that their plans will fall foul of the new rules. M...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

FCA fines adviser £1.4m over unsuitable DB pension transfers

FCA fines adviser £1.4m over unsuitable DB pension transfers

Philip Pryke exposed clients to ‘significant’ risk of financial detriment

Isabel Baxter
clock 29 November 2024 • 2 min read
Tender Watch: LGPS funds seek pension administration software provider

Tender Watch: LGPS funds seek pension administration software provider

Multi-provider framework agreement sought in support of the LGPS

Professional Pensions
clock 28 November 2024 • 1 min read
Partner Insight: £ Billion+ transactions - driving innovation across the risk settlement market

Partner Insight: £ Billion+ transactions - driving innovation across the risk settlement market

Mike Edwards, Partner, Aon
clock 06 November 2024 • 5 min read
Trustpilot