Defined benefit (DB) schemes will either have to be bought out by an insurer or enter the Pension Protection Fund (PPF), Paul Masterton MP has predicted.
The backbench Conservative MP for East Renfrewshire - who until his election in June this year was a pensions associate at Pinsent Masons - said he "did chuckle slightly" when the government's gree...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date