TPR delays DB funding code until April 2024
The Pensions Regulator (TPR) has today (21 April) announced a delay to its defined benefit (DB) funding code until April 2024.
Source: professionalpensions.com
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Updated: TPR delays DB funding code until April 2024
The Pensions Regulator (TPR) has today (21 April) announced a delay to its defined benefit (DB) funding code until April 2024.
Source: professionalpensions.com
Stall introduction of DB funding code, industry says
Implementation of the defined benefit (DB) funding code should be pushed back by at least six months, the pensions industry has said.
Source: professionalpensions.com
Consider refinement of DB funding code, says industry
The industry has called on The Pensions Regulator (TPR) to refine aspects of its new defined benefit (DB) general code of practice.
Janet Brown Steven Taylor Iain Mclellan Steven Hitchiner Society Of Pension Professionals Department For Work
Source: professionalpensions.com
SPP questions impact of new DB funding code amid compliance burden warning
In the Society of Pension Professionals’ (SPP’s) first regular column for Professional Pensions, the organisation’s president takes a look at the revised defined benefit (DB) funding regime.
Department For Work Pension March Pensions Regulator Society Of Pension Professionals Steve Hitchiner Department For Work And Pensions
Source: professionalpensions.com
Schemes urged to prep now for DB funding code reliability period rules
Pension schemes should be aware of covenant reliability period requirements ahead of The Pension Regulator’s (TPR’s) new defined benefit (DB) funding code, which is due to come into force later this year.
David Clarke Alistair Russell Smith Hymans Robertson Alistair Russell Smith Hymans Robertson Sachin Patel Db Funding Code
Source: professionalpensions.com
SPP: Regulator's DB funding code 'lacking proportionality and pragmatism'
The Society of Pension Professionals (SPP) has called on The Pensions Regulator (TPR) to simplify its draft defined benefit (DB) funding code, warning its proposals are “lacking in proportionality and pragmatism”.
Source: professionalpensions.com
Two-thirds of schemes expect to adopt fast-track approach under new funding code
Two-thirds of defined benefit (DB) schemes expect to adopt a fast-track approach to submitting actuarial valuations once the new DB funding code is introduced, a webinar poll by Mercer has revealed.
Source: professionalpensions.com
DB funding regulations could cost employers billions
The new defined benefit (DB) funding rules could see sponsoring employers be faced with substantially increased costs running into billions of pounds, according to research by Lane Clark & Peacock (LCP).
Source: professionalpensions.com
Industry appeals for LTA abolition
The abolition of the lifetime allowance (LTA) is the piece of legislation the industry would most like to see get passed this year, according to a Professional Pensions survey.
Source: professionalpensions.com