Pensions Bill discussed - papers 11 February

That would dash hopes of groups - such as the Confederation of British Industry - which have argued a flat rate would provide protection for less well-run companies at the expense of better run pension schemes. However, according to the documentation from the Department for Work and Pensions the FT has seen, introducing a scale would "not be feasible from the outset". A risk-based system could become reality, but the question will instead be handed over to the board overseeing the introduction of the Pension Protection Fund, while any transitional period to a risk-based system could r...