Draft DB funding rules 'will reduce vital flexibility'

Industry says recent market moves have shown the importance of flexibility

clock • 5 min read
Draft DB funding rules 'will reduce vital flexibility'

The pensions industry has criticised the draft funding and investment regulations for being far too prescriptive and lacking flexibility, urging the Department for Work and Pensions (DWP) to go back to the drawing board.

Responses to the DWP's consultation on the Draft Occupational Pension Schemes (Funding and Investment Strategy and Amendment) Regulations 2023 which closed yesterday (17 October), warned that forci...

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