Status: This is the original version (as it was originally made). This
item of legislation is currently only available in its original format.
STATUTORY INSTRUMENTS
2024 No. 1143
PENSIONS
The Pensions Act 2004 (Code of Practice) (Defined
Benefit Funding) Appointed Day Order 2024
Made - - - - 11th November 2024
The Secretary of State makes this Order in exercise of the powers conferred by section...
Status: This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
STATUTORY INSTRUMENTS 2024 No. 1143 PENSIONS The Pensions Act 2004 (Code of Practice) (Defined Benefit Funding) Appointed Day Order 2024 Made - - - - 11th November 2024 The Secretary of State makes this Order in exercise of the powers conferred by section 91(9) of the Pensions Act 2004(1).
Citation and extent
1.—(1) This Order may be cited as the Pensions Act 2004 (Code of Practice) (Defined Benefit Funding) Appointed Day Order 2024.
(2) This Order extends to England and Wales and Scotland.
Appointed day
2. The day appointed for the coming into effect of the Pensions Regulator’s Defined Benefit Funding Code of Practice is 12th November 2024.
Signed by authority of the Secretary of State for Work and Pensions Emma Reynolds Parliamentary Under Secretary of State 11th November 2024 Department for Work and Pensions
(1) 2004 c. 35.Document Generated: 2024-11-11
Status: This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
EXPLANATORY NOTE (This note is not part of the Order) This Order appoints 12th November 2024 as the day for the coming into effect of the Pensions Regulator’s Defined Benefit Funding Code of Practice. The Defined Benefit Funding Code of Practice provides practical guidance on the new scheme funding regime. It is for trust-based occupational pension schemes providing defined benefits and is primarily for the scheme’s trustees and the scheme’s sponsoring employer.
The Defined Benefit Funding Code of Practice is available on the Pensions Regulator’s
website: https://www.thepensionsregulator.gov.uk/en/document-library/code-of-practice/funding- and-investment/funding-defined-benefits. Copies may be obtained by post from the Pensions Regulator, Telecom House, 125-135 Preston Road, Brighton, BN1 6AF.
A full impact assessment has not been published for this instrument as it has no, or minimal, impact on the private sector, the voluntary sector or civil society organisations.
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