Implementation of 2017 AE review and DB funding code high on legislative wish list
LCP survey respondents fear new regime will generate substantially more work for schemes
The industry has responded to TPR’s DB funding code consultation
A separate consultation on the ‘fast track’ approach has also been published
David Fairs says long-term funding remains key part of the watchdog’s approach
Alison Hatcher looks forward to a year of consolidation, but most importantly, no shocks
Aon says lack of flexibility could have unintended consequences for schemes
Legislating schemes to buy gilts to match their liabilities could worsen systemic risks
Schemes call for flexibility on contingent assets and allowances for open schemes
Second consultation set for autumn with code to be operational from September 2023