Webinar: Decoding the new DB pensions funding regime
Events & webinars
Decoding the new funding regime
The long-awaited new funding code for defined benefit pension schemes has now been published and will apply for valuation dates on or after 22nd September 2024. While improvements in funding positions have reduced the pressure around valuation negotiations, trustees and sponsors are going to have to invest time understanding the detail of the revised code and how they intend to comply. Join our team of industry experts for a focussed 45-minute update, as they share an overview of the new requirements and our initial thoughts on what it will mean in practice for those running schemes.
Guest speaker
Andrew Dodd, Interim Head of Supervision at the Pensions Regulator.
Andrew leads the operational team within the Market Oversight directorate responsible for reactive intervention with pension schemes, responding to events that pose increased risks to schemes and their members.
Andrew was previously a Lead Actuary, managing a team that worked on all aspects of DB schemes, including actuarial valuations, corporate transactions and corporate distress, superfunds and new policy development along with collective DC schemes. He was a leading member of the team which drafted both of TPR’s consultations on its new DB funding code of practice and helped DWP with their draft Funding and Investment Strategy Regulations 2024 recently laid before parliament that came into force in April 2024.
Andrew has been at TPR since 2013, after 13 years working as an actuarial consultant and scheme actuary.
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