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

Industry responds to TPR five-year corporate strategy consultation

Industry responds to TPR five-year corporate strategy consultation

Industry welcomes strategy but says more is needed to ensure members remain priority

Holly Roach
clock 08 June 2026 • 6 min read
A fundamental shift in engagement with deferred members

A fundamental shift in engagement with deferred members

Katie Stone says schemes are beginning to actively engage with deferred members

Katie Stone
clock 08 June 2026 • 6 min read
News Digest: Post-LGR standalone pension authority approved

News Digest: Post-LGR standalone pension authority approved

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 08 June 2026 • 1 min read
Trustpilot