MPs warn that overly cautious restrictions may harm remaining gold-plated pension schemes, urging changes to proposed regulation and improvements in governance standards.

MPs warn that overly cautious restrictions could kill off remaining gold-plated pension schemes, urging changes to proposed regulation and improvements in governance standards to ensure private sector defined benefit pension schemes remain active and thriving. The Work and Pensions Committee states that despite a decline, DB pension schemes are still critical to savers and the UK economy.

March 26, 2024
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