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Don’t de-risk for the sake of it: the role of covenant in setting journey plans
17 July 2020

Don’t de-risk for the sake of it: the role of covenant in setting journey plans

High profile pension scandals and insolvencies, increasing select committee focus, and years of guidance from the Pensions Regulator (TPR) all point towards a regime of increased prudence in Defined Benefit (DB) pensions strategies. This new regulatory paradigm was meant to become reality in 2020 with a new funding Code of Practice from TPR backed up by increased powers from the Pension Schemes Bill. But the COVID-19 pandemic is now putting the industry in a difficult position.

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Last update: 21 July 2020

Felix Mantz
Felix Mantz
Lincoln Pensions
Associate Director

Pension Trustee Services Manager

Salary: £50000 - £68000 pa

Location: Leeds, West Yorkshire

Employee Benefits Consultant

Salary: £55000 - £75000 pa

Location: London

Senior DC Consultant

Salary: £70000 - £90000 pa

Location: London

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