DWP: DB consolidation has benefits but very challenging

Stephanie Baxter
clock • 3 min read

The Department for Work and Pensions (DWP) has said it while believes in the benefits of consolidating defined benefit (DB) schemes, there are significant issues to overcome.

Speaking yesterday ahead of its long-awaited white paper on the future of DB schemes, Des Healy set out its approach to consolidation. The DWP's DB lead responsible for taking forward policy opt...

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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

PRAG consults on pensions SORP amendments

PRAG consults on pensions SORP amendments

Move follows FRC amendments to FRS 102 as well as changes to legislation and regulation

Jonathan Stapleton
clock 24 June 2025 • 1 min read
PLSA: The Virgin/NTL Court rulings and what they mean for DB Schemes

PLSA: The Virgin/NTL Court rulings and what they mean for DB Schemes

Krista D’Alessandro outlines the background to the case and what the rulings mean for schemes and sponsors

Krista D’Alessandro
clock 24 June 2025 • 4 min read
How does your scheme culture affect your risk profile?

How does your scheme culture affect your risk profile?

Naomi Brown takes a look at the human factor and asks how risk links with culture

Naomi Brown
clock 20 June 2025 • 3 min read
Trustpilot