• Home
  • Insights
  • New approach to funding defined benefit pension schemes

02 Aug 2022

New approach to funding defined benefit pension schemes

Linkedin

The Pension Schemes Act 2021 provided for a framework for a new defined benefit funding regime. In particular, the framework would require defined benefit schemes to have a funding and investment strategy for the purpose of ensuring benefits under the scheme can be paid over the long term. The DWP is now consulting on draft regulations which explain what this will mean for trustees in practice. Read more to find out what trustees will be required to produce along with other changes and next steps.

Download PDF

Linkedin

KEY CONTACT

Philip Goodchild

Philip Goodchild
Partner

T:  +44 20 7809 2166 M:  +44 7825 384 004 Email Philip | Vcard Office:  London

Stephen Richards

Stephen Richards
Partner

T:  +44 20 7809 2350 M:  +44 7739 384 686 Email Stephen | Vcard Office:  London

Julia Ward

Julia Ward
Senior knowledge development lawyer

T:  +44 20 7809 2028 M:  Email Julia | Vcard Office:  London