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Defined benefit funding code of practice consultation

Published: 3 March 2020
Closing date: 2 September 2020
Interim response: 14 January 2021
Response: 16 December 2022

Consultation on our revised defined benefit (DB) funding code of practice.

Interim response

In our interim response we provide some background on the responses we received and outline the steps we’ll be taking to publish our full response to the first consultation and our second consultation on a draft DB code of practice.


The first of two consultations on our revised DB funding code of practice. It includes:

  • our new proposed regulatory approach
  • the principles we think should underpin the new framework
  • how they could be applied in practice to provide clearer guidelines 

The second consultation, planned for later in 2021, will focus on the draft code itself. 

Watch our DB funding webinar

Hear our consultation proposals for a clearer DB funding framework in this webinar. David Fairs, Executive Director for Regulatory Policy, Analysis and Advice, and the DB funding code team take you through the main aspects of the consultation.

Consultation documents