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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 Administrator

Salary: £34000 pa

Location: Currently home working then Hampshire

Senior Pensions Lead

Salary: £40000 pa

Location: Home working now, later mix of office (Kent)/home

Pensions Administrator (FTC, 11 Months)

Salary: £30000 pa

Location: West Yorkshire

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