WPC publishes report into defined benefit pension schemes

MPs comment on funding regime, surplus extraction and consolidation approaches

Jasmine Urquhart
clock • 6 min read
The WPC has recommended the DWP, TPR and government work on addressing surpluses, trustee skills and accreditation, open DB schemes and the PPF underpin
Image:

The WPC has recommended the DWP, TPR and government work on addressing surpluses, trustee skills and accreditation, open DB schemes and the PPF underpin

The Work and Pensions Committee (WPC) has published its inquiry into defined benefit (DB) schemes.

The DB Pension Schemes report – published following six evidence sessions and after considering 100 pieces of written evidence – made 23 recommendations for how the UK's 5,197 DB schemes should be ...

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

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

View profile
More from Jasmine Urquhart

Most DB members open to run-on, Hymans Robertson finds

Most think lack of financial education will make people 'worse off'

More on Defined Benefit

Tender Watch: Greencore scheme expands Barnett Waddingham provision
Defined Benefit

Tender Watch: Greencore scheme expands Barnett Waddingham provision

Consultancy now provides fully integrates suite of pension services to the scheme

Professional Pensions
Professional Pensions
clock 22 January 2026 • 1 min read
DB schemes enter 'new era' as focus shifts from managing deficits to long-term strategy
Defined Benefit

DB schemes enter 'new era' as focus shifts from managing deficits to long-term strategy

Hymans Robertson says long-term planning is now ‘centre stage’

Holly Roach
Holly Roach
clock 30 October 2025 • 2 min read
Workplace pensions are 'bright star in a dark sky' for corporate UK
Defined Benefit

Workplace pensions are 'bright star in a dark sky' for corporate UK

LCP says corporations can benefit from high funding levels and schemes’ endgame opportunities

Jasmine Urquhart
Jasmine Urquhart
clock 27 October 2025 • 1 min read
Trustpilot