Work and Pensions Committee receives government response on DB pension schemes

Article summary

The House of Commons Work and Pensions Committee has published the government's response to the committee's earlier report on Defined Benefit (DB) pension schemes and announced a session for 14 May 2025 to question pension industry leaders and finance experts on UK pension fund investments. This comes as the government prepares to introduce a Pensions Scheme Bill before summer 2025, which aims to boost domestic investment. The government has indicated it may mandate levels of investment by pension schemes if voluntary increases are not achieved.