DB FUNDING CONSULTATION

The Pensions Regulator is proposing changes to the framework for pension scheme funding, including requiring trustees to set a long term objective and a journey plan intended to achieve this. Trustees will be able to select from a "fast track" or bespoke approach.

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CHANGES TO RPI

Changes are afoot in the way RPI is calculated which could for some schemes have a considerable impact on liabilities. Our bulletin deals with some of the whys and wherefores.

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