WPC publishes report into defined benefit pension schemes

MPs comment on funding regime, surplus extraction and consolidation approaches

Jasmine Urquhart
clock • 6 min read
The WPC has recommended the DWP, TPR and government work on addressing surpluses, trustee skills and accreditation, open DB schemes and the PPF underpin
Image:

The WPC has recommended the DWP, TPR and government work on addressing surpluses, trustee skills and accreditation, open DB schemes and the PPF underpin

The Work and Pensions Committee (WPC) has published its inquiry into defined benefit (DB) schemes.

The DB Pension Schemes report – published following six evidence sessions and after considering 100 pieces of written evidence – made 23 recommendations for how the UK's 5,197 DB schemes should be ...

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

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

View profile
More from Jasmine Urquhart

AI stocks benefit younger investors, Hymans says

Most savers think they have benefited from pension freedoms

More on Defined Benefit

DB surplus extraction is an appealing concept to most, PLSA survey finds
Defined Benefit

DB surplus extraction is an appealing concept to most, PLSA survey finds

Changes to governing rules driving reconsideration of endgame plans

Holly Roach
Holly Roach
clock 20 March 2025 • 2 min read
Mortality rates return to similar levels to pre-pandemic, analysis shows
Defined Benefit

Mortality rates return to similar levels to pre-pandemic, analysis shows

Aon has analysed mortality trends over the last five years, with 2024 reaching similar levels to 2019

Jasmine Urquhart
Jasmine Urquhart
clock 20 March 2025 • 2 min read
DB pension risks 'weigh heavily' on UK balance sheets
Defined Benefit

DB pension risks 'weigh heavily' on UK balance sheets

LawDeb finds most see pension scheme as having risks alongside cyber threats

Jasmine Urquhart
Jasmine Urquhart
clock 19 March 2025 • 1 min read
Trustpilot