Infographic: What the new DB fines system will look like

clock • 1 min read

As part of its consultation on enhanced powers for The Pensions Regulator, the Department for Work and Pensions proposed new requirements for all trustees of defined benefit (DB) schemes. This is what the new framework could look like...

The proposed measures would introduce a limited number of new requirements which will be mandatory for all sponsoring employers of DB schemes when things change within a company (for example when corporate transactions are being considered); and what will happen in the rare instances where trustees or employers do not comply with their obligations.

In the below infographic, the column on the right sets out the escalating sanctions regime - with stronger sanctions for the most serious wrongdoing.

The government launched its consultation on the framework today (26 June) with pensions and financial inclusion minister Guy Opperman urging the industry to makes its views heard.

More on Defined Benefit

Record low mortality in Q3, CMI says

Record low mortality in Q3, CMI says

Overall mortality in first three quarters of 2025 lower than same period of any other year

Jasmine Urquhart
clock 09 October 2025 • 1 min read
TPT to launch run-on DB superfund

TPT to launch run-on DB superfund

Organisation plans to distribute surplus to scheme members from year five onwards

Holly Roach
clock 09 October 2025 • 5 min read
Smaller DB schemes face greater exposure to climate risk, Broadstone finds

Smaller DB schemes face greater exposure to climate risk, Broadstone finds

Simplified investment strategies mean smaller schemes face nearly twice the risk of negative performance

Holly Roach
clock 07 October 2025 • 1 min read
Trustpilot