Source · Select Committees · Work and Pensions Committee
Seventh Report - Defined benefit pensions with Liability Driven Investments
Work and Pensions Committee
HC 826
Published 23 June 2023
Recommendations
16
Accepted in Part
Para 149
Halt plans for new funding regime until full impact assessment is produced.
Recommendation
There are two fundamental concerns with the new funding regime. One is that the approach is not sufficient to allow open schemes to thrive. This is an issue to which we will return in our wider inquiry on defined benefit …
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Government Response Summary
The government rejects halting plans for a new funding regime, stating the draft Regulations will be laid in due course, but commits to accompanying them with a full impact assessment considering financial stability and open DB schemes.
Department for Work and Pensions
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