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...

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