Mixed industry reactions to WPC recommendations for DB reform

Michael Klimes
clock • 3 min read

The industry has reacted with a mixture of support and scepticism at MPs' recommendations to reform the defined benefit (DB) pension system.

A report published by the Work and Pensions Committee (WPC) on 21 December  said The Pensions Regulator (TPR) should be able to impose more punitive fines on sponsors and be nimbler to intervene mo...

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