DB funding code

Standard Life finds half of DB trustees also think funding code and trapped surplus are barriers

Guidance for DB trustees is aligned with regulator’s funding code

LCP says myths about purpose of funding code and liquid investments remain for trustees

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

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

LCP report details ‘shifting landscape’ of new risks and endgame options

Data for ‘tranche 17’ schemes from 2021 to 2022 also shows reduction in length of recovery plans

Cardano says trustees should start making detailed plans and be clear on documentation requirements

SPP outlines steps schemes should consider amid the ‘uncertainty’ of new funding regime

Hymans’ Laura McLaren looks at the impact of the code and how changes could affect schemes