DWP

Dashboard staging dates, WPC report on DB schemes and general code comes into force

MPs comment on funding regime, surplus extraction and consolidation approaches

Ombudsman calls on parliament to launch compensation scheme

TPR ‘committed to securing funding’ for a pay rise and engaging with PCS and DWP

Spring Budget, general levy consultation and DB scheme statements of strategy

Guidance follows consultation last year on monitoring social risks and opportunities

Consultation another step towards the new funding regime but challenges remain

Move comes after Court of Session confirmed asset manager’s right to any surplus

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

Move to make surplus extraction and design consolidator rules embraced by industry