Protecting defined benefit schemes – a new funding code 

IFoA Seminar 13 November 2019

Outline 

• Overview of consultation and approach
• White Paper remit
• Scope of consultations and timeline
• Fast track and Bespoke approach
• Key principles
• Questions

• Principles for the new code
• Setting and targeting an LTO
• Journey planning
• Recovering deficits
• Investment strategy
• Questions