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

More on Defined Benefit

Aggregate DB surplus rises by £7.3bn in July

Aggregate DB surplus rises by £7.3bn in July

PPF says funding ratio at highest level since July 2023, as liabilities drop faster than assets

Alex Levy
clock 11 August 2026 • 2 min read
Historical analysis key to DB surplus allocation, says Hymans

Historical analysis key to DB surplus allocation, says Hymans

Analysis of past contribution split can provide an objective basis for negotiations

Alex Levy
clock 06 August 2026 • 3 min read
Schemes urged to stop treating buyout as automatic default

Schemes urged to stop treating buyout as automatic default

SPP report suggests schemes should take ‘objective-led’ approach to endgame planning

Holly Roach
clock 06 August 2026 • 1 min read
Trustpilot