Workplace Pensions
Commons · Question 63479 · Tabled 27 Jun 2025 · Department for Work and Pensions · Official record
Answered 3 Jul 2025
Question
Asked by Zöe Franklin
To ask the Secretary of State for Work and Pensions, what steps her Department is taking to safeguard members' benefits when a sponsoring employer seeks to extract pension scheme surpluses.
Answer
Answered by Torsten Bell, 3 Jul 2025
Currently, some Defined Benefit schemes can already consider releasing their surplus under existing rules. The Pension Schemes Bill will provide more flexibility for trustees of these and other well-funded schemes to safely share some surplus with employe...