pensions-in-a-pod-the-new-db-funding-regime

Pensions in a pod (UK): The new DB funding regime – legal and regulatory insights

September 19, 2024

United Kingdom
United Kingdom
United Kingdom

In the latest episode in our monthly podcast series, Jeremy Goodwin and Ele Lovering, were joined by special guest David Fairs, partner at LCP (and former Executive Director of Regulatory Policy, Analysis and Advice at The Pensions Regulator) to discuss the new DB funding regime, which applies to valuations from 22 September 2024. 

Their discussion covers key issues related to the new DB funding regime, including:

  • important changes contained in the final DB funding code
  • how stringent are the requirements relating to the adoption of a low dependency investment strategy? 
  • the crucial role of understanding the employer covenant in the evolving regulatory environment, and
  • the treatment of open schemes

They also outline practical steps and immediate actions for trustees to take in response to the new DB funding code.

Listen on: Apple, Spotify

The materials on the Eversheds Sutherland website are for general information purposes only and do not constitute legal advice. While reasonable care is taken to ensure accuracy, the materials may not reflect the most current legal developments. Eversheds Sutherland disclaims liability for actions taken based on the materials. Always consult a qualified lawyer for specific legal matters. To view the full disclaimer, see our Terms and Conditions or Disclaimer section in the footer. Eversheds Sutherland is a provider of legal and other services operating through various separate and distinct legal entities. For further information about these entities and Eversheds Sutherlands' structure please see the Legal Notice page of this website.

Services

Key contacts

elenorlovering@eversheds-sutherland.com

Ele Lovering

Partner

United Kingdom

jeremygoodwin@eversheds-sutherland.com

Jeremy Goodwin

Partner

United Kingdom

Latest Insights

  • legal updates
  • legal updates
  • legal updates
  • guides and reports

Latest News

Latest Events

  • virtual | September 10, 2026
  • in-person | September 10, 2026
  • in-person | September 17, 2026
  • in-person | September 23, 2026
Modern office building glass facade exterior

legal updates

August 12, 2026

grass and trees in a park

legal updates

August 11, 2026

modern office interior glass roof geometry architectural light lines

legal updates

August 11, 2026

glass roof structure geometric pattern modern architecture interior design

guides and reports

August 11, 2026

© Eversheds Sutherland 2026. All rights reserved. Eversheds Sutherland is a provider of legal and other services operating through various separate and distinct legal entities. For further information about these entities and Eversheds Sutherlands' structure please see the Legal Notice page of this website.

Eversheds Sutherland is the name and brand under which the members of Eversheds Sutherland Limited (Eversheds Sutherland (International) LLP and Eversheds Sutherland (US) LLP) and their respective controlled, managed or affiliated firms and the members of Eversheds Sutherland (Europe) Limited and Eversheds Sutherland (Africa) Limited (each an "Eversheds Sutherland Entity" and together the "Eversheds Sutherland Entities") provide legal or other services to clients around the world. Eversheds Sutherland Entities are constituted and regulated in accordance with relevant local regulatory and legal requirements. The use of the name Eversheds Sutherland, is for description purposes only and does not imply that the Eversheds Sutherland Entities are in a partnership or are part of a global entity. The responsibility for the provision of services to the client is defined in the terms of engagement between the instructed firm and the client. For further information about these Eversheds Sutherland Entities and Eversheds Sutherlands’ structure please see the Legal Notices page of this website.