Workplace Pensions
2026-05-18 · Department for Work and Pensions · HL295 · Official question
Question
To ask His Majesty's Government what assessment they have made of the difference between the estimate of £160 billion in defined benefit pension scheme surplus in the press release published on 21 May 2025, Record pension scheme funding means up to £160 b
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...