Government issues response to WPC report on DB schemes with LDI

Government confirms new funding regime will be laid before parliament in ‘due course’

Martin Richmond
clock • 6 min read
Government issues response to WPC report on DB schemes with LDI

The government has issued its response to the report published by the Work and Pensions Committee (WPC) on defined benefit (DB) schemes with liability-driven investments (LDI).

The WPC's report followed an enquiry into the regulation of DB schemes with LDIs after the market turmoil caused by last year's Mini Budget, which highlighted the risks for schemes with LDIs. Th...

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

Industry welcomes DWP focus on DB surplus

Industry welcomes DWP focus on DB surplus

Move to make surplus extraction and design consolidator rules embraced by industry

Jasmine Urquhart
clock 23 February 2024 • 2 min read
TPR: Total deficit of DB schemes halved since 2022

TPR: Total deficit of DB schemes halved since 2022

TPR’s annual DB and hybrid statistics show 2% reduction in overall number of schemes

Jasmine Urquhart
clock 20 February 2024 • 4 min read
FTSE350 pension surpluses rise by £17bn in January

FTSE350 pension surpluses rise by £17bn in January

Mercer analysis finds increase in bond yields saw aggregate funding levels reach 111%

Jasmine Urquhart
clock 16 February 2024 • 2 min read
Trustpilot