Lords vote in favour of DC scale requirement exemptions

Amendment in lieu raised on the issue as ‘ping pong’ process continues

Holly Roach
clock • 1 min read
Lords vote in favour of DC scale requirement exemptions

The House of Lords has voted in favour of a Pension Schemes Bill amendment made by the Commons to include an exemption from defined contribution (DC) scale requirements.

This comes as the bill continues the parliamentary ‘ping pong' process, returning to the House of Lords yesterday (20 April) for consideration of amendments made by the Commons. Last month, the ...

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