MPs jeopardising pension security without further bill amendments - Ros Altmann

Pension Schemes Bill due to be debated

Hope William-Smith
clock • 3 min read

MPs considering the Pension Schemes Bill in its finals stage must push back on changes which could damage private pension viability, according to former pensions minister Ros Altmann.

Speaking ahead of the final Pension Schemes Bill session in the House of Commons next week, Altmann said changes "could make or break" private pensions. The government and regulators have "chosen to remove important amendments passed by cross-party peers" Altmann said, which were "considered crucial to helping defined benefit (DB) schemes to remain open". Pension Schemes Bill will be law by the end of the year   "The Lords debates highlighted concerns from many open schemes that the new funding code, recently consulted on by The Pensions Regulator, poses an existential threat to ...

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