The government has responded to the previous government's 2024 consultation on options in the DB context to provide better outcomes for members, drive a more consolidated market, and enable pension funds to invest in a...more
5/29/2025
/ Employee Benefits ,
Employer Liability Issues ,
Fiduciary Duty ,
New Regulations ,
Pension Schemes ,
Proposed Legislation ,
Regulatory Reform ,
Retirement Plan ,
The Pensions Regulator (TPR) ,
Trustees ,
UK
AT A GLANCE -
A new funding regime for defined benefit pension schemes in the United Kingdom came into force in September 2024. The new regime introduces a legal requirement for trustees to assess the strength of the...more
3/31/2025
/ Employee Benefits ,
Employer Liability Issues ,
New Guidance ,
Pensions ,
Regulatory Reform ,
Regulatory Requirements ,
Retirement Plan ,
Risk Management ,
The Pensions Regulator (TPR) ,
Trustees ,
UK
The Pensions Regulator (TPR) has published its 2024 annual funding statement which is targeted at DB schemes undergoing valuations with effective dates between 22 September 2023 and 21 September 2024. It is also relevant to...more