What the final changes to the DB funding code mean for you

Hymans’ Laura McLaren looks at the impact of the code and how changes could affect schemes

clock • 5 min read
Hymans Robertson head of DB actuarial consulting Laura McLaren
Image:

Hymans Robertson head of DB actuarial consulting Laura McLaren

The Pensions Regulator (TPR) published its long-awaited Code of Practice for funding defined benefit (DB) schemes on 29 July 2024.

This fills in the important detail on how the new funding regime will operate in practice. With little time remaining before this comes into force for valuations after 22 September, it's a big r...

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 Defined Benefit

'Rock solid' governance 'critical' as DB endgame choices grow

'Rock solid' governance 'critical' as DB endgame choices grow

Panel says it is ‘essential’ for schemes to have a ‘transparent’ relationship with their sponsor

Martin Richmond
clock 14 October 2026 • 3 min read
Aggregate DB surplus rises to £280.7bn in September

Aggregate DB surplus rises to £280.7bn in September

PPF says funding positions strengthened as liabilities fell faster than assets during the month

Jonathan Stapleton
clock 13 October 2026 • 1 min read
DB pension surpluses are back on the agenda

DB pension surpluses are back on the agenda

David Brooks looks at the arguments on how best to use pension surpluses

David Brooks
clock 14 September 2026 • 3 min read
Trustpilot