After years of seemingly always being at least 10 years from full funding, UK Defined Benefit (DB) pension schemes appear to be moving closer to the end of their journey. But what is their destination, what is the plan for getting there and how can fiduciary management help?
In 2020, the Pensions Regulator (tPR) started a consultation on its latest Defined Benefit (DB) Funding Code. In the consultation, tPR proposed that all schemes set a long-term funding target (LTFT), followed by a plan for how to get there.
You can now read the full ‘Sponsored Commentary’ at the link below
Supporting documentsClick link to download and view these files
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