SPP: The devil is in the detail on new DB funding regime

Revised regs are welcome but much now depends on TPR’s final code and strategy requirements

clock • 3 min read
Steve Hitchiner: A lingering concern is that an unnecessary compliance burden will be placed on schemes in a healthy funding position
Image:

Steve Hitchiner: A lingering concern is that an unnecessary compliance burden will be placed on schemes in a healthy funding position

The Society of Pension Professionals’ (SPP’s) latest column for Professional Pensions, looks at the Department for Work and Pensions’ (DWP’s) Investment and funding regulations.

On 29 January, the DWP published the outcome of its consultation on the revised funding and investment strategy regulations. Subject to parliamentary approval, these regulations will come into forc...

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

Partner Insight Video: Endgame strategies for defined benefit pension schemes

Partner Insight Video: Endgame strategies for defined benefit pension schemes

Matthew Arends, partner and head of retirement policy at Aon
clock 06 March 2025 • 1 min read
DB scheme funding levels remain steady in February, Broadstone finds

DB scheme funding levels remain steady in February, Broadstone finds

Sirius Index shows funding levels remain consistent despite ‘rising geopolitical tensions’

Martin Richmond
clock 05 March 2025 • 1 min read
Reach reports fall in deficit but posts charge for Barber window equalisation

Reach reports fall in deficit but posts charge for Barber window equalisation

Procedural issue spotted as part of buyout due diligence for West Ferry Printers scheme

Jonathan Stapleton
clock 04 March 2025 • 2 min read
Trustpilot