The Pensions Regulator’s (TPR) funding code must be published “well in advance” of funding and investment strategy regulations coming into force in order for schemes to be ready to comply and apply the new framework, industry bodies say.
The government has issued its response to the report published by the Work and Pensions Committee (WPC) on defined benefit (DB) schemes with liability-driven investments (LDI).
There has been a change in the “mood music” in the pensions industry over the last few months, according to the Association of Consulting Actuaries (ACA).