PLSA concerned draft funding code gives too much weight to employer preferences

Trade body concerned that code shifts the ways in which strategy negotiations operate

clock • 3 min read
PLSA concerned draft funding code gives too much weight to employer preferences

Nigel Peaple says the Pensions and Lifetime Savings Association (PLSA) is pleased the draft funding code allows for flexibility in determining technical provisions for open schemes but warns that some concerns remain.

Defined Benefit (DB) funding has been relatively healthy in recent times. However, as 2022 drew to a close - having seen the discussion and implementation of numerous policy-driven pieces of work f...

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 Industry

Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Dalriada launches DC tool for AVCs, Clara to switch up to 35% of assets into private markets, and a Hymans Robertson report

Professional Pensions
clock 11 April 2025 • 1 min read
Challenges remain as UK economy beats growth expectations in February

Challenges remain as UK economy beats growth expectations in February

UK economic outlook still 'downbeat'

Sorin Dojan
clock 11 April 2025 • 2 min read
TPR launches videos as part of campaign to get industry dashboard ready

TPR launches videos as part of campaign to get industry dashboard ready

Regulator says many schemes still hold out of date value information

Holly Roach
clock 11 April 2025 • 1 min read
Trustpilot