The pension schemes bill has passed its second reading in the House of Lords, despite questions over the breadth of government powers.
The debate, held yesterday (28 January), saw peers approve the proposed legislation, welcoming its provisions on defined benefit (DB) funding, regulator powers, and collective defined contribution (CDC)...
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Lane Clark & Peacock partner Steve Webb has called on the treasury to relax rules which could act as a barrier to people aiming to rebuild their pension pots when the Covid-19 crisis is over.
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