Workplace Pensions
2026-05-18 · Department for Work and Pensions · HL299 · Official question
Question
To ask His Majesty's Government what safeguards will be put in place to ensure that communications and promotional material relating to surplus release and endgame strategies are balanced, accurate and in the best interests of scheme beneficiaries.
Answer
The Pension Schemes Act 2026 introduced reforms enabling more trustees of well-funded occupational Defined Benefit (DB) pension schemes to share surplus with the sponsoring employer and benefit members. Regulations will set out the conditions that trustee...