/

Nematrian Reference Library

[this page | back links]

Set out below is information (held by the Nematrian website) on the reference you have selected

What is the purpose of this document? "Code of Practice 3: Funding defined benefits (the ’DB funding code’) provides a principles-based framework on how to comply with the statutory funding requirements contained in Part 3 of the Pensions Act 2004 (’Part 3’). Integrated Risk Management (IRM) is an important tool for managing the risks associated with scheme funding. It forms an important part of good governance. The DB funding code sets out the importance of trustees adopting an integrated approach to risk management. It also provides a basic framework for doing so. This IRM guidance provides practical help on what a proportionate and integrated approach to risk management might look like and how trustees could go about putting one in place. It should be read in conjunction with the DB funding code."

See here to choose a new Category/Sub-Category or here for a list of all references held by the Nematrian website. Please contact us if any of the above material is inaccurate or if there are references you think should be included that we have excluded or vice-versa.

---