Key points in the WPC's recommendations on DB reform

Michael Klimes
clock • 2 min read

Here is a summary of the most important points in the Work and Pensions Committee's (WPC) report on governance of defined benefit (DB) schemes.

The 94-page report published yesterday sets out a number of recommendations for the government, including giving the regulator new enforcement powers to avoid another British Home Stores (BHS) disa...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Partner Insight: Take care when choosing the route to endgame – there may be more options than you think

Partner Insight: Take care when choosing the route to endgame – there may be more options than you think

Pension schemes have been striving to find the ideal route to endgame for decades now.

Nikesh Patel, Van Lanschot Kempen
clock 11 April 2024 • 2 min read
DB transfer compensation more than halves in Q1

DB transfer compensation more than halves in Q1

Compensation has reached ‘fresh lows’ after financial conditions soften

Holly Roach
clock 10 April 2024 • 1 min read
PPF finds DB surpluses grew by more than £13bn in March

PPF finds DB surpluses grew by more than £13bn in March

More schemes are in surplus, with an aggregate surplus of £455.5bn seen in March

Holly Roach
clock 09 April 2024 • 3 min read
Trustpilot