DB funding 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

New DB funding code focussing pension schemes on future planning

DB funding code, buy-in deals, joint statement on NTL v Virgin Media ruling, pensions tax

Code offers regulatory certainty but industry ‘not fully clear of the tunnel just yet’

Code aims to enhance the system as well as protect savers

Hymans Robertson says funding levels and general election could impact covenant