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Scottish Life: A division of Royal London

Adviser  >  Technical Central  >  OPS Matters  >  Scheme funding

Scheme funding

Scheme Funding is the general term used to describe the framework within which defined benefit pension schemes will operate once the Minimum Funding Requirement (MFR) ceases to apply. Unlike the MFR, Scheme Funding will not be a one-size fits all prescriptive regime but rather a wide framework within which Employers and Trustees can agree how their particular scheme will operate. Find out about our recommended eight easy steps to Scheme Funding.

                                                                                                                                                                                                                 

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© Scottish Life, St Andrew House, 1 Thistle Street, Edinburgh, EH2 1DG.
Scottish Life is a division of Royal London and markets products produced by Royal London. Royal London consists of The Royal London Mutual Insurance Society Limited and its subsidiaries. The Royal London Mutual Insurance Society Limited provides life and pension products, is a member of the Association of British Insurers and is authorised and regulated by the Financial Services Authority, registration number 117672. Royal London Marketing Limited acts as an insurance intermediary for general insurance products and is authorised and regulated by the Financial Services Authority, registration number 302391.