Pension Funds
Commons · Question 32340 · Tabled 21 Feb 2025 · Department for Work and Pensions · Official record
Answered 27 Feb 2025
Question
Asked by Pippa Heylings
To ask the Secretary of State for Work and Pensions, what steps she plans to take to ensure that reform of regulations for accessing surplus in defined benefit pension schemes help improve economic growth.
Answer
Answered by Torsten Bell, 27 Feb 2025
Trustees will continue to be at the heart of decision making. Working with employers, they will consider how best to use DB scheme surplus to benefit members and employers. More flexibility can fuel growth, provide benefits for the economy and ensure memb...