Written Question·Department for Work and Pensions·UIN 54967
Workplace Pensions: Codes of Practice
Tabled: 30 May 2025
Answered: 9 June 2025
Question
Alicia Kearns
Conservative — Rutland and Stamford
To ask the Secretary of State for Work and Pensions, whether she has made an assessment of the potential merits of introducing a mandatory Code of Ethical Practice for pre-1997 members of pension schemes, that promotes (a) transparency, (b) fairness and (
Answer
Torsten BellIt is important that trustees make transparent and fast decisions about discretionary indexation. Defined Benefit Schemes are regulated by The Pensions Regulator (TPR) which has set out that trustees should consider the situation of those members who woul...
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