Industry backs Webb on discount rates

clock

The pensions industry has rallied behind Steve Webb over his suggestion that the government should intervene in the way defined benefit liabilities are calculated.

The pensions minister said last week that the government could not “stand idly by while accountancy standards change”, potentially having an impact on schemes’ liabilities (PP Online, 22 June ). ...

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 Industry

Pensioner poverty has risen for over a decade, says LCP

Pensioner poverty has risen for over a decade, says LCP

Single and divorced pensioners most affected and should be focus for future policy

Alex Levy
clock 17 August 2026 • 4 min read
Buzz: Is retirement adequacy becoming a business planning risk?

Buzz: Is retirement adequacy becoming a business planning risk?

Retirement adequacy, SPP paper on housing and member representation

Professional Pensions
clock 17 August 2026 • 1 min read
SPP advocates for 'fairness' and 'transparency' in general levy consultation response

SPP advocates for 'fairness' and 'transparency' in general levy consultation response

Society urges DWP to provide increased transparency in how levy funds are spent

Martin Richmond
clock 17 August 2026 • 2 min read
Trustpilot