The industry is largely supportive of The Pensions Regulator’s (TPR) long-awaited defined benefit (DB) funding code consultation, but concerns have been raised over the need for “such detailed regulation”.
The industry has welcomed the new proposals outlined yesterday (26 July) by the Department for Work and Pensions (DWP) for defined benefit (DB) schemes, but says there is more work that needs to be done.
The industry has welcomed the comprehensive proposals outlined in The Pension Regulator’s (TPR) consultation around authorisation procedures for collective defined contribution (CDC) schemes, but fears there could be unintended consequences.