Written Question·Department for Work and Pensions·UIN 18309

Workplace Pensions

Tabled: 13 July 2026
Answered: 20 July 2026

Question

Callum Anderson

LabourBuckingham and Bletchley

To ask the Secretary of State for Work and Pensions, whether his Department has modelled the potential impact of pension scheme consolidation on member charges over the next five years.

Answer

Torsten Bell
Evidence suggests there are a range of benefits from schemes achieving a greater level of scale through consolidation. This includes better governance, economies of scale, increased diversification of assets and improved bargaining power. This evidence su...

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