We welcome the Pensions Regulator’s consultation on the new Funding Code and the approach to Fast Track. Both the Funding Code and Fast Track will support our members with the work they do looking after pension schemes. We remain concerned however over ‘proportionality’:
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Harus Rai, Chair of the Association, has broadly welcomed the approach taken by the new DB Funding Code, and has underscored the considerable new challenges that the regulations and code will introduce for trustees.
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At the 2022 AGM of the Association three new Council members – Jane Foley, Kate Leigh and Manpreet Sohal were elected to serve 4-year terms. Robert Thomas and Vassos Vassou were also re-elected to serve their second 4-year terms as Council members.
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In our response to the DWP draft Funding & Investment regulations, we highlight the weakening of trustee powers in relation to the funding and investment strategy that, under the draft regulations, would require the employer’s formal agreement as well. We value the existing approach of needing only to consult with the employer as this gives ...more...
The importance of trustee boards reflecting diversity and inclusion has been underscored today with the publication of a new ‘Hints and tips’ briefing for trustees with the launch of APPT KnowHow…
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