The new funding standard – the Regulator’s role


After a series of delays, the new statutory funding objective (SFO) will finally replace the much maligned minimum funding requirement on 30 December 2005. It is the Pensions Regulator’s job not only to ensure that trustees and employers comply with the SFO, but it will also intervene where necessary. Here we look at the Regulator’s recently released consultation paper detailing its proposed approach towards its latest regulatory role.

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