Pensions Regulator amends funding schedule again

This is the second time the DWP has put back the deadline for implementing regulations under the EU Pensions Directive which were due to come into force on 23rd September. When they do come into force, the regulations for SSF will replace the minimum funding rule which currently regulates how many assets a company must hold to meet pensions liabilities. The Pensions Regulator says it will publish the Funding Defined Benefits Code of Practice once the regulations are published by the DWP, to ensure the code accurately reflects the regulations. Specimen funding documents designed to ...