The Pensions Regulator’s 2019 Funding Statement has been released. It outlines a strengthening of requirements.The statement is most relevant to schemes with valuation dates in the year from 22 September 2018.But it should be reviewed by all employers - it signals changes coming in a new Code from the Regulator to be consulted on this year.
UK equities, listed property and Sterling currency appreciated in value over February, largely attributable to the perceived reduced likelihood of a no-deal Brexit on 29 March. Following a concession by Theresa May, it is now a distinct possibility that Article 50 will be extended if Theresa May cannot garner sufficient support by the 12 March Parliament vote. However, a no-deal cannot be ruled out.
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