DB funding code

Cardano says trustees should start making detailed plans and be clear on documentation requirements

SPP outlines steps schemes should consider amid the ‘uncertainty’ of new funding regime

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

New DB funding code focussing pension schemes on future planning

DB funding code, buy-in deals, joint statement on NTL v Virgin Media ruling, pensions tax

Code offers regulatory certainty but industry ‘not fully clear of the tunnel just yet’

Code aims to enhance the system as well as protect savers

Hymans Robertson says funding levels and general election could impact covenant

Society says some areas of TPR’s consultation will be ‘challenging’ and ‘costly’ for schemes

Industry welcomes findings of report which called for improvements to DB surplus management