DWP lays down proposals for new rules around DB funding

Trustees will answer to the regulator

Hope William-Smith
clock • 3 min read
DWP lays down proposals for new rules around DB funding

Defined benefit (DB) schemes will be required to prove long-term plans in a funding and investment strategy that will be looked over by The Pensions Regulator (TPR) under new proposals published today (26 July).

The Department for Work and Pensions' (DWP) latest consultation considers measures to "boost protections" for DB members and comes on the back of the Pension Schemes Act 2021 which set the framewor...

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