Written Question·Department for Work and Pensions·UIN 63479
Workplace Pensions
Tabled: 27 June 2025
Answered: 3 July 2025
Named DayQuestion
Zöe Franklin
Liberal Democrat — Guildford
To ask the Secretary of State for Work and Pensions, what steps her Department is taking to safeguard members' benefits when a sponsoring employer seeks to extract pension scheme surpluses.
Answer
Torsten BellCurrently, some Defined Benefit schemes can already consider releasing their surplus under existing rules. The Pension Schemes Bill will provide more flexibility for trustees of these and other well-funded schemes to safely share some surplus with employe...
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