Workplace Pensions
2026-05-18 · Department for Work and Pensions · HL296 · Official question
Question
To ask His Majesty's Government, further to the press release Record pension scheme funding means up to £160 billion ready to boost growth, published on 21 May 2025, what assessment they have made of the likelihood that £160 billion in defined benefit pen
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...