DWP

DWP issue DB funding regulations, £400m buy-in, WPT consolidated into Cushon

Lawyers and administrators ask if decision will add clarity or make overpayment disputes more complex

Industry bodies say DWP has listened but now call on TPR to act swiftly over funding code

Funding code and regs expected to apply to scheme valuations from September

Regulations will come into force from April 2024 and will apply to scheme valuations from September 2024

Patrick Heath-Lay says hurdles must be overcome to make pot for life proposals work

Most keen to see existing dashboard and AE initiatives ‘bed in’ before considering brand new model

Guidance looks at opportunities and risks of investing in private market assets

Jayne Brown is positive over VfM proposals but says they are likely to be a ‘slow burn’

Women and older members more likely to want their employer to choose their workplace pension