UK: Defined Benefit Funding Code of Practice
Under The Pensions Regulator’s new Defined Benefit (DB) Funding Code of Practice, trustees of DB schemes must agree a long-term funding and investment strategy that targets, as a minimum, low dependence on the sponsoring employer by the time the scheme is ‘significantly mature.’ In their new briefing notes, experts from across Barnett Waddingham analyse the key considerations for stakeholders.