You should work openly and transparently with the sponsoring employer to ensure your scheme is run and funded effectively. In order to have the best chance to be in a position to pay members' benefits, you will need to manage risks to the scheme and understand how they affect each other.
Annual funding statement 2016
Practical guidance for trustees and employers undertaking valuations
Essential guide to the DB code (PDF, 70kb, 9 pages)
An introduction aimed at new trustees
Code of Practice 3: Funding DB
Read the revised code in full
You should help your clients to run their scheme in line with the principles of the updated code. You will need to advise clients on processes that oversee, monitor and mitigate risks effectively.
You should work collaboratively with the trustees to understand the risks to your scheme and explore how you can best meet your funding obligations whilst still investing in sustainable business growth.