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defined benefit pension schemes

DB Code: Taking the time to deliver the right funding measures

15 December 202121 December 2021 / David Fairs / 2 Comments

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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An act to protect pension savers

16 February 202110 January 2023 / David Fairs

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.

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DB funding code: busting a few myths

08 December 202007 April 2021 / David Fairs / 5 Comments

David Fairs reflects on the responses to our first DB funding code consultation and busts a few myths.

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Superfunds: How we are working to protect savers

21 October 202007 April 2021 / Nicola Parish

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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A changing climate for pension trustees

01 October 202003 March 2023 / David Fairs

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.

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Trustees must remain ready for COVID-19 balancing act

05 August 202010 January 2023 / Charles Counsell OBE / 3 Comments

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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DB funding code: It’s a matter of principle

18 May 202021 June 2022 / David Fairs

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.

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We can protect savers by working together

15 April 202010 January 2023 / Charles Counsell OBE

We’re all getting used to reduced freedom in the fight against COVID-19.

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COVID-19 has changed the world, not our focus on protecting savers

01 April 202010 January 2023 / David Fairs

In my last blog, I said the world had changed with a move away from defined benefit (DB) pensions.

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A maturing and innovating landscape for defined benefit pensions

27 February 202010 January 2023 / David Fairs

For much of the twentieth century, private or workplace pensions meant defined benefit.

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