Committees

Defined benefit pensions white paper inquiry

Inquiry

The Committee has launched a new inquiry into the long-awaited White Paper Protecting defined benefit pension schemes (Cm 9591), published on 19 March 2018. Following the Committee's Defined Benefit Pension Schemes report, the inquiry aims to inform and influence the planned consultation on the White Paper’s various proposals.

In the White Paper the Government adopts the Committee's key recommendation: strengthening TPR's main anti-avoidance power (the issuance of Contribution Notices) by enabling TPR to issue punitive fines to punish "irresponsible activities" that cause material detriment to a pension scheme.

The Government says it will make it a criminal offence "to have committed wilful or grossly reckless behaviour in relation to a pension scheme" – although the details of this offence are unclear. TPR will also be granted enhanced investigative and information-gathering powers.

Upcoming events

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Past events

Wednesday 18 July 2018
9:45am Public
Defined benefit pensions white paper inquiry - Oral evidence 18 July 2018
Room 16, Palace of Westminster
Wednesday 6 June 2018
9:30am Public
Defined benefit pensions white paper inquiry - Oral evidence 6 June 2018
The Wilson Room, Portcullis House
Wednesday 2 May 2018
9:30am Public
Defined benefit pensions white paper inquiry - Oral evidence 2 May 2018
The Wilson Room, Portcullis House

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