Regulation of final salary schemes and LDIs to be examined

The inquiry - launched today (24 October) - will look at the impact of the recent volatility in gilt yields and intervention by the Bank of England (BoE). It will also consider the role of The Pensions Regulator (TPR) in regulating the use of LDIs and whether final salary schemes have adequate governance arrangements in place. The committee is looking into the impact of the rise in gilt yields on DB schemes, the impact on pension savers in both DB and defined contribution schemes, and whether TPR has taken the right approach to regulating the use of LDI. Also, whether DB schemes had a...