SPP: DB funding code will create clarity between funding, covenant and investment

Survey finds 25% say code will establish ‘clearer TPR expectations’ for risk management

Martin Richmond
clock • 1 min read
SPP: DB funding code will create clarity between funding, covenant and investment

The Pensions Regulator’s new Defined Benefit (DB) Funding Code has resulted in “clearer” links between funding, investment and covenant, a Society of Pension Professionals (SPP) poll has found.

The SPP's poll – which was conducted at a recent event exploring how the code will impact funding valuations, regulatory compliance and long-term strategy – surveyed attendees on what was the best ...

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

DB surpluses hit record £208bn in October, XPS finds

DB surpluses hit record £208bn in October, XPS finds

Surpluses up from £187bn in September due long-term gilt yield rise and drop in liabilities

Holly Roach
clock 13 November 2024 • 1 min read
UK DB profit warnings reach highest quarterly level of 2024

UK DB profit warnings reach highest quarterly level of 2024

EY-Parthenon finds Q3 saw a 33% increase compared to Q2

Martin Richmond
clock 13 November 2024 • 2 min read
TPR's DB funding code comes into force

TPR's DB funding code comes into force

DB schemes with actuarial valuation dates on or after 22 September should use the code

Holly Roach
clock 12 November 2024 • 2 min read
Trustpilot