Workplace Pensions
Commons · Question 27170 · Tabled 29 Jan 2025 · Treasury · Official record
Answered 4 Feb 2025
Question
Asked by Mark Garnier
To ask the Chancellor of the Exchequer, with reference to the press notice entitled Pension reforms to go further to unlock billions to drive growth and boost working peoples’ pension pots, published on 28 January 2025, what estimate she has made of the p
Answer
Answered by Torsten Bell, 4 Feb 2025
The Government will pave the way for more well-funded defined benefit pension schemes to share surplus funds with sponsoring employers and members, subject to stringent funding safeguards.It will be for individual trustees and employers to determine how b...