Provide DB freedoms for small pots

DWP should allow ‘freedom and choice’ for small DB pots, Natasha Browne says

clock

There appears to be genuine division within the industry over whether or not the Budget freedoms should be extended directly to defined benefit (DB) members.

On the one hand, they can already take a transfer value and move into a defined contribution (DC) arrangement to get the flexibilities. On the other, this is somewhat prohibitive as it forces them ...

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

More on Industry

Swales, Goddard and Barker team up to launch capital-backed DB offering

Swales, Goddard and Barker team up to launch capital-backed DB offering

Safe Covenant launch aims to benefit sponsors, trustees and scheme members

Jonathan Stapleton
clock 06 May 2026 • 5 min read
Buzz: Is it a positive move the Pension Schemes Bill has passed into law?

Buzz: Is it a positive move the Pension Schemes Bill has passed into law?

Pension Schemes Bill, funded reinsurance regulatory requirements, and PASA accreditation

Professional Pensions
clock 05 May 2026 • 1 min read
WTW completes acquisition of Cushon following FCA approval

WTW completes acquisition of Cushon following FCA approval

Transaction means WTW now manages more than £30bn of master trust assets

Holly Roach
clock 05 May 2026 • 1 min read
Trustpilot