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UK Government supports proposal to allow expansion of pensions automatic enrolment

United Kingdom - March 23 2023 The Department for Work and Pensions (the DWP) has backed the Pensions (Extension of Automatic Enrolment) (No 2) Bill (the Bill). The Bill, which…

Katie Hall, Charles Magoffin, Amy Rentell

UK Pensions Regulator publishes consultation on DB funding code

United Kingdom - December 16 2022 Christmas has come early to the world of defined benefit (DB) pension scheme funding. The Pensions Regulator (TPR) has just delivered a hefty 200+…

Dawn Heath, Peter Kerr-Davis, Andrew Murphy

UK Government closes consultation on new DB funding rules - what’s next?

United Kingdom - October 25 2022 Last week, the Department for Work and Pensions (DWP) closed its consultation on the draft Occupational Pension Schemes (Funding and Investment…

Dawn Heath, Peter Kerr-Davis, Andrew Murphy

UK pension scheme funding requirements - what is going on?

United Kingdom - May 12 2022 On 29 April, the Pensions Regulator (TPR) published its 2022 Annual Funding Statement, which confirmed that 2022 is likely to be a year of…

Peter Kerr-Davis, Andrew Murphy

Pensions overfunding: free money for members?

United Kingdom - May 5 2022 Trustees and sponsors of UK defined benefit (DB) pension plans are rightly focused on ensuring that those plans are appropriately funded and reducing…

Andrew Murphy, Rebecca Webster