The underpinning principle of our revised DB Funding Code is that schemes should have the necessary long-term funding approach to ensure savers have the best chance of receiving the benefits they expect.
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We are living in challenging times and being the trustee of a pension scheme is no exception.
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With the Pension Schemes Bill receiving Royal Assent, David Fairs, The Pensions Regulator’s Executive Director of Regulatory Policy, Analysis and Advice, takes a whistle-stop tour of the new law and why it’s a watershed moment in TPR’s mission to protect savers.
At The Pensions Regulator, we support innovation in the pensions industry and continue to be clear about the importance of long-term planning for DB schemes.
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COVID-19 continues to challenge the pension industry. Charles Counsell, The Pensions Regulator’s Chief Executive, explains what defined benefit trustees can expect from the regulator and how to prepare as the economic impact of the coronavirus continues to hit schemes and sponsoring employers.
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In my last blog, I said the world had changed with a move away from defined benefit (DB) pensions.
From fighting pension scams to tackling Environmental, Social, and Governance, 2020 will be another fast-moving year of change full of positive opportunities and challenges we must all strive to meet.
Making workplace pensions work and protecting savers is at the heart of what we do.
Making workplace pensions work is at the heart of what we do, but it’s also the job of those who fund and manage pension schemes.
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