Workplace Pensions: Reform
Commons · Question 10328 · Tabled 16 Jun 2026 · Department for Work and Pensions · Official record
Answered 23 Jun 2026
Question
Asked by James McMurdock
To ask the Secretary of State for Work and Pensions, with reference to the Department for Work and Pensions' press release entitled Billions in pension surpluses to be unlocked, published on 10 June 2026, what estimate he has made of the amount of surplus
Answer
Answered by Torsten Bell, 23 Jun 2026
The Pension Schemes Act 2026 introduced reforms enabling more trustees of well-funded occupational Defined Benefit (DB) pension schemes to share surplus with employers and benefit members. Regulations will set out the conditions that trustees must meet be...