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TPR's defined benefit funding code of practice and regulatory approach consultation—a holistic approach to funding, investment and risk

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Published on: 09 January 2023

Published by a LexisNexis Pensions expert

Table of contents

What is the background to TPR's consultations on the new DB funding code and its twin-track regulatory approach?
What was TPR's response to its first funding code consultation? Were any particular issues or themes raised in feedback?
What are the key aspects of the two new consultations?
What are the implications of the two consultations for pension schemes, trustees and providers?
What happens next?

Article summary

Pensions analysis: On 16 December 2022, the Pensions Regulator (TPR) published its consultation on the new defined benefit (DB) funding code of practice together with a response to its first consultation and a consultation on its proposed twin track regulatory approach to assessing valuations including its proposed Fast Track design. Suzanne Burrell, partner at Shoosmiths examines the consultation and its implications.

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