DB funding

Regulator’s corporate plan reveals delay to code as well as priorities for upcoming year

Delay would give schemes time to prepare and ensure regulatory certainty

Jon Forsyth says regime looks unlikely to be in place by the end of this year

TPR’s Neil Bull said schemes should have regular valuations and be aware of liquidity

Poll shows mix of DB scheme readiness as to when they will be funded on a buyout basis

Lifeboat fund caveats positive outlook noting impact on assets is currently less certain

LCP says the regulations are ‘unnecessarily rigid’ and urged the DWP to rewrite them

Funding levels continue to rise on the back of higher gilt yields, but outlook is uncertain

Funding levels steady and in surplus but liabilities up amid rising inflation expectations

XPS says UK schemes on track for full funding as deficits reduce by almost 70% in June