• 0333 11 11 222
  • About us
  • Careers
  • Contact
  • Login
Barnett Waddingham
  • People
  • Services
    Trustees
    Employers
    Self-invested pensions
    Public sector
    Insurance sector
    Family offices, endowments and foundations
    Industry expertise
    Client Tools

    Trustees

    • Actuarial services for trustees
    • Administration services
    • Buyouts and buy-ins
    • Defined benefit risk management
    • Defined contribution
    • Expert actuarial services
    • Group risk
    • Investment consulting
    • Longevity analysis
    • Member communication
    • Pension management services
    • Project and resource management

    Client tools

    • BWebstream
    • DC governance tool
    • Fast Track Indicator
    • GEM
    • Illuminate

    Pensions consulting and support

    • Defined benefit pensions
    • Defined contribution pensions
    • Executive pensions
    • Pension management services

    Benefits consulting

    • Flexible benefits
    • Group risk benefits
    • Wellbeing analysis survey
    • Workplace wellbeing

    Management consulting

    • Management decision analytics
    • Risk advisory and analytics

    Workforce engagement

    • Employee communication

    International consulting

    • MBWL

    Client tools

    • 4me
    • BWebstream
    • BWell survey
    • Crisis management simulation
    • DC governance tool
    • GEM
    • Illuminate
    • Pay gap analytics

    Self-invested pensions

    • SIPP
    • SSAS
    • FURBS

    Client tools

    • SIPPs Online

    Public sector

    • Actuarial, benefits and governance consultancy
    • Longevity analysis
    • Outsourcing

    Client tools

    • BWebstream
    • Illuminate
    • Online LGPS tools

    Insurance sector

    • Actuarial and risk management (life insurers)
    • Actuarial and risk management (non-life insurers)
    • Investment services
    • Longevity services
    • Technological solutions
    • Transactional services
    • Unit-linked services

    Client tools

    • SIIMPLIFY
    • Annalytica

    Family offices, endowments and foundations

    • Family offices
    • Endowments and foundations

    Industry expertise

    • Higher education
    • Independent schools
    • Charities and not-for-profit
    • Oil and gas consultancy

    Client tools

    • 4me
    • BWebstream
    • BWell survey
    • GEM
    • Illuminate
    • SIIMPLIFY
    • Pay gap analytics

    Client tools

    • BWebstream
    • BWell Survey
    • GEM
    • Illuminate
    • 4me World
    • SIPPs Online
    • SIIMPLIFY

    Trustees

    • Actuarial services for trustees
    • Administration services
    • Buy-outs and buy-ins
    • Defined benefit risk management
    • Defined contribution
    • Expert actuarial services
    • Group risk
    • Investment consulting
    • Longevity analysis
    • Member communication
    • Pension management services

    Employers

    • Defined benefit pensions consulting
    • Defined contribution pensions consulting
    • Employee communication strategies
    • Executive pensions
    • Flexible benefits
    • Group risk benefits
    • International consulting
    • Management decision analytics
    • Pension management services
    • Risk advisory and analytics
    • Workplace wellbeing

    Self invested pensions

    • SIPP
    • SSAS
    • FURBS

    Public sector

    • Actuarial and benefits consulting
    • Executive pensions
    • Longevity Analysis
    • Outsourcing

    Insurance sector

    • Actuarial and risk management (Life insurers)
    • Actuarial and risk management (non-life insurers)
    • Investment services
    • Longevity services
    • Technological solutions
    • Transactional services
    • Unit-linked services

    Industry expertise

    • Higher education
    • Independent schools
    • Charities and not-for-profit
    • Oil and gas consultancy

    Family offices, endowments and foundations

    • Endowments and foundations
    • Family offices

    Client tools

    • 4me
    • Annalytica
    • BWebstream
    • BWell Survey
    • Crisis simulation tool
    • DC governance tool
    • Fast Track Indicator
    • GEM
    • Illuminate
    • Online LGPS tools
    • Pay gap analytics
    • SIPPs Online
    • SIIMPLIFY
  • Insight

    Insight

    Providing you with independent commentary and exclusive insights from a range of experts at the forefront of risk, pensions, investment and insurance.

    View all insights

    Knowledge hubs

    • Defined benefit pensions
    • Defined contribution pensions
    • Employer DNA
    • ESG investing
    • Insurance sector
    • Public sector pensions
    • Self-invested pensions
    • Wellbeing and benefits

    Insight

    • Blogs
    • Briefings
    • Case studies
    • News
    • Recent webinars
    • Research
    • Videos
  • Events

    Keeping you informed

    We recognise that these are difficult and uncertain times for us all. Therefore, as the Covid-19 situation develops, our events have been reshaped to bring the latest insights directly to you.

    View all events

    Upcoming events

    • Conferences
    • Webinars
    • Virtual roundtables
    • Training
    • Industry events

    Evolve your organisation’s DNA

    Join our interactive virtual event where you’ll learn how to adapt and evolve your organisation in a fast-changing world.

    Register Now
  • About us
  • Careers
  • Contact
  • Search
  • Login
0333 11 11 222
  1. Home
  2. Events
  3. Webinars
  4. Scheme funding code of practice consultation

Scheme funding code of practice consultation

With the Pensions Regulator (TPR) launching a consultation on the principles of a new scheme funding code of practice, we considered what it will mean for UK Defined Benefit (DB) pension schemes and their sponsors. 

What is the Scheme Funding Code of Practice?

TPR’s revised code of practice is set to be the third edition of the Regulator’s important guidance in relation to DB scheme funding. This new code will build on TPR’s recent messages about long-term scheme funding and journey planning, and will set out what the Regulator expects from trustees and employers.  

How ‘fast track’ funding affects your scheme

The code will also outline TPR’s new ‘fast track’ approach to scheme funding, under which trustees and employers can be confident that funding valuations should not require significant regulatory intervention. Schemes will not be obliged to use the ‘fast track’ option however. If they don’t, they should expect to have to provide further information justifying their 'bespoke approach to the Regulator.

What you will take away from this webinar:

  • What a long term funding objective might look like and how this will feed into your triennial valuation 
  • What the Regulator will expect from you and whether this could lead to increased contribution requirements
  • Whether the ‘fast track’ approach is within your grasp - or whether additional regulatory scrutiny is on the cards
  • The steps you should take in advance of your next valuation.

Early planning can make all the difference. Jon and Tyron discussed the proposed changes to the regulatory regime, and identified the best ways to prepare.

View our webinar (43 minutes)

Scheme funding code of practice consultation

TPR’s revised code of practice is set to be the third edition of the Regulator’s important guidance in relation to DB scheme funding. Register to find out more. 

Watch Now

About your hosts

Photograph of Jonathan Worthington
Jonathan Worthington
  • Email Jonathan
  • 0333 11 11 222

Jon advises trustees of a wide range of defined benefit pension schemes including ongoing schemes, wind ups, schemes in the PPF assessment period and FAS cases.

View Biography
Photograph of Tyron Potts
Tyron Potts
  • Email Tyron
  • 0333 11 11 222

Tyron advises trustees of UK defined benefit (DB) pension schemes on scheme funding, governance matters and winding up. He also advises employers on pension benefit design and accounting for pension costs in corporate accounts under a number of local and international accounting standards.

View Biography

Related Events

  • 2021

  • Covid-19 and future life expectancy: what next?

    Covid-19 has led to the biggest annual fall in UK mortality improvements for nearly a century. This webinar will work through t…

    March 25 Virtual

  • Bulk annuities: achieving your aims in a commercial market

    Learn how to navigate the bulk annuity maze and deliver a successful outcome. Our experienced trainers cover a range of topics,…

    February 24 Virtual

  • 2020

  • Digital Deli for pension scheme trustees

    The session’s focus will be on issues from a pension trustee perspective, including feasibility assessment and the potential ch…

    November 19 Virtual

  • Digital Deli – food for thought for employers

    Discussing a smorgasbord of valuable pensions related insights directly relevant to you - all designed to deliver genuine food …

    November 18 None

  • The new PPF levy triennium – what’s changed?

    The PPF has recently published its consultation on the 2021/22 levy year, setting the rules for the levy to be invoiced in autu…

    November 05 Virtual

View all

Further reading

Accessibility

Annual report and accounts

Diversity and inclusion

Gender pay gap analysis

Glossary

ISO

Legal notices

Slavery and human trafficking

Privacy policy

Sitemap

Subject access request

SIGN UP FOR EMAIL UPDATES

Stay ahead with our latest comment, expert insight and event notifications

  • Sign up now
  • Manage your preferences

Social

  • LinkedIn
  • Twitter
  • Facebook
  • Instagram

Copyright © Barnett Waddingham 2021

Updates delivered
directly to you

Providing you with independent commentary and exclusive insights direct to your inbox.

Sign up now

Already subscribed? Manage your preferences