Source · Select Committees · Work and Pensions Committee
Recommendation 14
14
Report back on plans for analysing LDI data implications with other regulators.
Recommendation
Given the extent of leverage and the concentration of DB investments, more should have been done to follow up on the risks identified in 2018 by the Bank of England. Collecting better data on LDI is part of what is needed to improve management of systemic risks in future. It will also be essential that DWP and TPR work with other regulators and the Bank of England to analyse its implications. DWP and TPR should report back by the end of October 2023 on how they intend to ensure this happens. (Paragraph 137) 50 Defined benefit pensions with Liability Driven nnvestments
Government Response
A response document is linked to this report, dated 20 November 2023. Response attribution to this conclusion has not been verified. Read the response document ↗