Date
22 Oct 2014
Time
16:30 - 18:30
Venue
Austin Friars House, 2-6 Austin Friars EC2N 2HD
Spaces
Limited

Click on the link to download the presentation - 

Teach-in_Dealing_With_tPRs_New_Scheme_Funding_Code-22Oct2014.pdf

 

Title:           Dealing with The Pensions Regulator’s New DB Scheme Funding Regime

Date:           Wednesday 22nd October, 4.30-5.30pm (followed by drinks)

Venue:        Austin Friars House, 2-6 Austin Friars, London EC2N 2HD

Capacity:    50

 

What does The Pensions Regulator’s new funding code mean for trustees and sponsors? And how exactly do you assess the interplay between covenant, investment and funding risks?

The Pensions Regulator’s (TPR) new DB scheme funding code is now live. Highlighting its new statutory objective to “minimise the adverse impact on the sustainable growth of an employer”, TPR will assess the three main pension risks together.  Going forward, trustees will be required to show evidence of an integrated approach to managing covenant, investment and funding risks while also evaluating the scheme’s impact on the sponsor. In addition, TPR also emphasises something which is not always easily done in practice - a collaborative and open approach between trustees and sponsors.

 

In this teach-in, we are delighted to be joined by Peter Ford (Partner, Norton Rose Fulbright) to cover:

  • TPR’s aim from issuing a new DB scheme funding code
  • Exactly what the new code means for trustees and sponsors
  • How the new code compares to the previous 2006 Code
  • Integrating covenant, investment and funding risks alongside risk to the sponsor
  • What a collaborative trustee-sponsor approach might look like
  • Practical example of finding the right balance between the key pension risks

 

At the end of the teach-in, attendees will gain a better understanding of:

  • How and why the scheme funding code has been changed
  • The implications of the new code on schemes and sponsors
  • What trustees and sponsors must do to meet TPR’s new requirements
  • Assessing and evidencing the appropriate mix of covenant, investment and funding risks
  • How trustees and sponsors might work collaboratively in practice

 

Agenda:

4.00pm               Registration and Refreshments

4.30pm               Presentations, Q+A

5.30pm               Drinks and Networking

6.30pm               Close

 

If you experience any issues with registration, or would like more details about the event, please contact events@redington.co.uk.