DWP Consultation: Draft funding and investment regulations

Defined benefit scheme funding: How the scheme funding regime is changing

On 26 July, after what felt like a long wait, the DWP published its consultation on the new defined benefit funding regulations that will implement the provisions of the Pension Schemes Act 2021. The consultation gives more colour to some of the features of the new funding regime but more is still to come in a further consultation expected from the Pensions Regulator on the new funding Code of Practice later this year.

The material points of the DWP consultation document together with some of the key points for pension scheme sponsors and trustees to consider are outlined in our briefing note, available to download at the link opposite.

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