The Pensions Regulator (TPR) has confirmed that the Defined Benefit (DB) Funding Code regulations will be introduced in the new year, with TPR’s DB Funding Code to be shared “on the appropriate timeline”.
Asked about the expected timing for the code as part of the Work and Pension Committee’s DB inquiry, TPR interim director of regulatory policy, analysis and advice, Louise Davey, confirmed the code remains on track for the April 2024 launch date
Defined benefit (DB) pension scheme trustees should be prioritising work to get their data buyout ready, Hymans Robertson has said, warning that data quality has become a key factor for schemes approaching the buyout market
Biodiversity is not something that the pensions industry can wait for regulations on and it has “failed” if it postpones action in anticipation of future regulation, according to Van Lanschot Kempen Investment Management chief investment officer, Nikesh Patel
The proportion of pension schemes that have made a commitment to net-zero carbon emissions rose by 11 percentage points over the past 18 months to 68 per cent, according to a survey by the Pensions and Lifetime Savings Association (PLSA)
Two thirds of pension professionals are not convinced that UK defined benefit (DB) pensions have been a success story, despite recent funding improvements, research from LCP has found
More than two-thirds (69 per cent) of workers aged between 16 and 35 with a defined contribution (DC) pension want their pensions to be invested to directly benefit the environment and local community, according to data from Gresham House
Make My Money Matter (MMMM) has launched a new advert to raise awareness around the relationship between UK pension schemes and the fossil fuel industry, after its research found that fossil fuels are becoming increasingly unpopular amongst pension savers
Following the Chancellor’s Mansion House announcements on decumulation policy and the expansion of collective defined contribution (CDC) schemes in the UK, there seems to be mixed opinions as to what impact the introduction of CDC schemes will have. Pensions Age asks: Are you excited by the prospect of CDC?