SIXTY SECOND SUMMARY
Revising the DB Funding Code (Phase 2)
16 Dec 2022
The Pensions Regulator has launched its long anticipated second consultation on a new Code of Practice for funding defined benefit (DB) schemes. There are few real surprises, after nearly 2 years of TPR trailing its twin-track compliance route approach. The new code and regulations are expected to come into force from 1 October 2023.
Download our sixty second summary for more information on:
- Key details in the new Code
- Summary of Fast Track's main parameters
- The anticipated impact of the Code
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