All funding code articles
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NewsRegulator calls for UK DB schemes to reassess long-term objectives
TPR’s Louise Davey says ‘trustees should look to redirect some of their funding level improvements towards a funding and investment strategy that is aligned with their plans’
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NewsTPR’s Statement of Strategy will be challenging and costly for UK schemes
Completing the template as proposed will create a lot of extra work and could add 20% to scheme valuation costs
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NewsUK pensions committee calls for fresh approach to funding regulations
Industry welcomes recommendations that will help open DB schemes thrive
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NewsExtra disclosure under TPR’s funding code could push up scheme costs
There is a risk that an ‘overly prescriptive’ approach pushes trustees into ‘costly tick-boxing’ exercise, according to Cardano
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NewsUK pensions regulator consults on statement of strategy for DB funding code
The consultation, which will run until 16 April, looks at what trustees will need to submit as part of planning and managing their DB schemes’ funding positions
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NewsUK Funding Code to come into effect at the end of September
The regulator will consult on its statement of strategy ‘in the next few weeks’, says Louise Davey
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NewsDWP regulation is ‘starting gun’ for new DB funding regime
Final set of regulations provide greater flexibility for mature schemes to diversify investments in a wide range of assets without constraints, says PLSA
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NewsStandard Life highlights barriers for trustees to deliver endgame strategy
Market volatility was cited as a key concern by trustees to deliver their endgame strategy
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NewsUK pensions regulator to take ‘more assertive’ approach
‘We will be testing the full suite of powers available to us to really change behaviours’ says TPR
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NewsDepartment store John Lewis shows healthy pension fund surplus
Pension fund to stop £10m deficit contributions
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NewsUK roundup: ITB Pension Funds complete £290m buy-in with Just Group
Plus: Aon publishes DB funding report; TPT enhances responsible investment choices for DC members
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AnalysisAnalysis: DB Funding Code reforms
The relevance of the Code has been called into question given the improved funding position of UK DB schemes
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NewsMercer urges trustees not to ignore incoming DB funding code
Funding level increased from 108% to 109% and has not dipped below 105% since the start of 2023
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NewsPensions industry calls on regulators to ‘materialise’ revised funding code
The code has introduced elements of flexibility, but uncertainty needs to be avoided
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NewsPLSA pinpoints UK investment potential for pension funds
The association expects the scale and distribution of assets across the pensions sector to alter substantially over the next decade
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NewsPension professionals increasingly dissatisfied with pensions policy, says PMI
However, there is scope for improvement, according to the Institute
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NewsUK pensions industry calls for delay of DB Funding Code implementation
Critics of the proposed regulations argued that the new legal framework would be overly rigid
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NewsTPR’s new funding code causes cost concerns for DB schemes
Nearly half of trustees and sponsors (42%) are concerned about the additional governance challenges, and in turn associated costs, that the code will bring
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NewsBritish employers could face £34bn bill following new pension rules, says LCP
Employers could find themselves receiving demands from schemes for large sums, collectively running into tens of billions of pounds
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NewsUK pensions regulator releases new DB funding code
‘The new funding code may be a double-edged sword for sponsoring companies,’ says Cardano Advisory
