Schemes urged to prep now for DB funding code reliability period rules

Hymans Robertson webinar advises schemes to determine covenant reliability periods

Jasmine Urquhart
clock • 3 min read
Alistair Russell-Smith: Schemes should be fully-funded on a low dependency basis by the time of significant maturity
Image:

Alistair Russell-Smith: Schemes should be fully-funded on a low dependency basis by the time of significant maturity

Pension schemes should be aware of covenant reliability period requirements ahead of The Pension Regulator’s (TPR’s) new defined benefit (DB) funding code, which is due to come into force later this year.

During a webinar held yesterday (28 February), Hymans Robertson partner and head of corporate DB Alistair Russell-Smith explained the key concepts behind the draft DB funding code and advised schem...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Caravan and Motorhome Club scheme transitions to Standard Life plan

Caravan and Motorhome Club scheme transitions to Standard Life plan

Contract sees scheme join firm’s Group Flexible Retirement Plan

Jasmine Urquhart
clock 02 April 2025 • 1 min read
Think tank makes series of recommendations for DB surplus extraction

Think tank makes series of recommendations for DB surplus extraction

SMF’s report reveals potential benefits are ‘large’, but much ‘remains unknown’

Holly Roach
clock 02 April 2025 • 3 min read
XPS issues funding and investment guide for DB schemes

XPS issues funding and investment guide for DB schemes

Six-part series covers long-term strategy, covenant, investments and valuations

Jasmine Urquhart
clock 31 March 2025 • 1 min read
Trustpilot