Gearing up for your first valuation under the new DB Funding Code

As of 22 September 2024, The Pensions Regulator's (TPR's) new funding code is now in effect, so any valuations in 2025 will need to comply with the new regulatory requirements. 

The key requirements under the new code include:

• Setting long-term plans
• Aligning valuations
• Documenting plan in a 'statement of strategy'

Getting to grips with the details and changes shouldn’t be underestimated. But good advice will manage compliance proportionately and keep focus on the big-picture strategic issues. 

Read our full report to learn how you can prepare for upcoming valuations.

If you have any questions or you'd like to discuss further, please get in touch.