MPs launch inquiry into future DB legislation proposals

Submissions by 18 May

Hannah Godfrey
clock • 1 min read

The Work and Pensions Committee is launching an inquiry into the proposals laid out in its recent 'protecting defined benefit schemes' paper, published in March.

In the March paper, the committee recommended strengthening The Pension Regulator's (TPR) main anti-avoidance powers, and that it would be made a criminal offence "to have committed wilful or grossly reckless behaviour in relation to a pension scheme". Under the proposals, TPR will also be granted enhanced investigative and information-gathering powers. The Department for Work and Pension said constraints on parliamentary time will push any legislation necessary to bring the white paper's proposals back to "the 2019/20 parliamentary session at the earliest". The committee is intere...

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