DWP: DB consolidation has benefits but very challenging

Stephanie Baxter
clock • 3 min read

The Department for Work and Pensions (DWP) has said it while believes in the benefits of consolidating defined benefit (DB) schemes, there are significant issues to overcome.

Speaking yesterday ahead of its long-awaited white paper on the future of DB schemes, Des Healy set out its approach to consolidation. The DWP's DB lead responsible for taking forward policy opt...

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 Law and Regulation

FRC launches reviews into pension illustration assumptions

FRC launches reviews into pension illustration assumptions

FRC looks for feedback on illustration assumptions and development of new standards

Jonathan Stapleton
clock 03 November 2026 • 2 min read
DWP launches consultation on retirement-CDC draft regulations

DWP launches consultation on retirement-CDC draft regulations

Access to collective retirement schemes will be through guided retirement framework

Martin Richmond
clock 03 November 2026 • 6 min read
From automatic enrolment to automatic adequacy?

From automatic enrolment to automatic adequacy?

SPP's Calum Cooper says the next stage of reform should focus on adequacy rather than simply participation

Calum Cooper
clock 30 October 2026 • 3 min read
Trustpilot