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Work and Pensions Committee receives government response on DB pension schemes

Copyright © 2025 LexisNexis

Published on: 01 May 2025

Published by LNB News

LNB News 01/05/2025

Document Information

Issue Date: 01 May 2025

Published Date: 01 May 2025

Jurisdiction(s): England, Scotland and Wales

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.

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