Sam Marsh’s response to TPR’s DB Funding Code

db code

sam marsh

Sam Marsh is a lecturer and branch president of the Sheffield UCU. He has responded on his own behalf to TPR’s consultation.

My initial reaction when reading the consultation was “why consult?”. At that time we were concentrating on staying safe and Government had effectively assumed a state of martial law. We had voluntarily agreed to abide by its rules so when the Pension Regulator laid down its prescription for Defined Benefit funding, it seemed (to coin a phrase) that resistance was futile.

I have been proved wrong. The consultation has brought forth some great thinking from Iain Clacher and Con Keating and some great responses from Ros Altmann and now Sam Marsh. I am pleased to see more great responses in my inbox, keep them coming they are getting read (send your submission to

They don’t have to disagree with the new funding code (though most submissions do), you will be guaranteed a non-edited publication.

Thanks to Sam and to all he and the UCU are doing to support the cause of open DB pensions, thanks too to dissenting  voices like Sharon Bowles in the House of Lords and thanks to David Fairs at TPR for his urbane gentility throughout.

We are lining up a lamb to the slaughter David – in support of your efforts to raise money

Keep on running everyone!

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About henry tapper

Founder of the Pension PlayPen,, partner of Stella, father of Olly . I am the Pension Plowman
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