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
Industry

Professional Pensions: Stories of the week

Government’s DB consultation response, Pensions Investment Review, Smart Pension to invest 15% in private markets

Professional Pensions
Professional Pensions
clock 30 May 2025 • 1 min read
Living Wage Foundation extends living pension accreditation to DB schemes
Industry

Living Wage Foundation extends living pension accreditation to DB schemes

Two employers who provide DB schemes are latest to gain Living Pension accreditation

Jonathan Stapleton
Jonathan Stapleton
clock 30 May 2025 • 3 min read
Isio connects scheme to pensions dashboards ecosystem
Industry

Isio connects scheme to pensions dashboards ecosystem

Firm called on trustees to view project as ‘catalyst to drive better outcomes’

Holly Roach
Holly Roach
clock 30 May 2025 • 1 min read
Trustpilot
OSZAR »