Opperman: DB statements should also be simplified

But minister says simplifications in the pensions system must start with DC

Hope William-Smith
clock • 3 min read
Pensions and financial inclusion minister Guy Opperman
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Pensions and financial inclusion minister Guy Opperman

Progression is being made in simplifying the defined contribution (DC) space after which the government will focus its attention on defined benefit (DB) schemes as part of its “long-term aims”, Guy Opperman says.

The pensions and financial inclusion minister was questioned about simplifying pensions yesterday (8 November) by the Work and Pensions Committee (WPC), alongside economic secretary to the Treasury...

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