Opperman: DB pension protection system is 'working as intended'

Kim Kaveh
clock • 2 min read

Industry should be aware to not jump to conclusions when assuming the defined benefit (DB) system is "broken," according to the pensions and financial inclusion minister.

Speaking at an Association of Member Nominated Trustee conference on 28 February, Guy Opperman MP said: "I accept high-profile corporate failures such as Carillion do not help the perception of the...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

SPP: Sizing up the DC market

SPP: Sizing up the DC market

David James looks at proposed changes to the DC pensions market in order to encourage scale

David James
clock 30 January 2025 • 3 min read
MPs vote for motion to provide compensation for Waspi women

MPs vote for motion to provide compensation for Waspi women

109 MPs backed SNP motion for government to consider findings of PHSO report

Martin Richmond
clock 30 January 2025 • 3 min read
Robin Ellison – How TPR might do its bit to boost UK economic growth

Robin Ellison – How TPR might do its bit to boost UK economic growth

PP’s regular columnist imagines how the regulator might improve national productivity

Robin Ellison
clock 29 January 2025 • 12 min read
Trustpilot