PLSA concerned draft funding code gives too much weight to employer preferences

Trade body concerned that code shifts the ways in which strategy negotiations operate

clock • 3 min read
PLSA concerned draft funding code gives too much weight to employer preferences

Nigel Peaple says the Pensions and Lifetime Savings Association (PLSA) is pleased the draft funding code allows for flexibility in determining technical provisions for open schemes but warns that some concerns remain.

Defined Benefit (DB) funding has been relatively healthy in recent times. However, as 2022 drew to a close - having seen the discussion and implementation of numerous policy-driven pieces of work f...

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 Industry

Post- and pre- dashboards worlds will look 'very different'

Post- and pre- dashboards worlds will look 'very different'

Chris Curry says industry standards have improved as a result of dashboard delivery

Holly Roach
clock 14 August 2026 • 2 min read
Aviva posts fall in BPA business but strong growth in wealth and workplace

Aviva posts fall in BPA business but strong growth in wealth and workplace

Insurer says BPA market ‘less active and more competitive’ but sees workplace flows soar

Professional Pensions
clock 14 August 2026 • 2 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

TPT CDC solution, PASA dashboard guidance, £83m buy-in deal

Professional Pensions
clock 14 August 2026 • 1 min read
Trustpilot