DWP hints DB white paper may focus on consolidation and benefit simplification

James Phillips
clock • 2 min read

The government's white paper on defined benefit (DB) sustainability may include a heavy focus on scheme consolidation, benefit simplification and The Pensions Regulator's (TPR) powers, a senior civil servant has hinted.

The DWP is "interested in consolidation as a solution" to a range of problems faced by DB schemes, including underfunding and employer sustainability. The white paper, which will be published "l...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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