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.Continue reading
defined benefit pension schemes
An act to protect pension savers
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.
DB funding code: busting a few myths
David Fairs reflects on the responses to our first DB funding code consultation and busts a few myths.Continue reading
Superfunds: How we are working 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.Continue reading
A changing climate for pension trustees
Climate change will challenge every area of our lives, including our retirements. The pension industry’s response to that challenge will determine its future prosperity.Continue reading
Trustees must remain ready for COVID-19 balancing act
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.Continue reading
DB funding code: It’s a matter of principle
Over the last few weeks, calls have been made for us to rethink or abandon the first consultation on our draft DB funding code. The arguments are that it was written in different, more benign, economic conditions and it is now out of place.Continue reading
We can protect savers by working together
We’re all getting used to reduced freedom in the fight against COVID-19.Continue reading
COVID-19 has changed the world, not our focus on protecting savers
In my last blog, I said the world had changed with a move away from defined benefit (DB) pensions.
A maturing and innovating landscape for defined benefit pensions
For much of the twentieth century, private or workplace pensions meant defined benefit.