UK Parliament / Open data

Deposited Paper DEP2024-0429

Deposited paper deposited in the House of Lords by the Department for Work and Pensions on Tuesday, 16 April 2024. The commitment to deposit was made on Tuesday, 16 April 2024.

Letter dated 16/04/2024 from Viscount Younger of Leckie to Lord Palmer of Childs Hill, Baroness Drake, Lord Davies of Brixton, and Baroness Sherlock regarding points raised during the debate on the Occupational Pension Schemes (Funding and Investment Strategy and Amendment) Regulations 2024: long-term objectives, mature schemes with fewer contributing members, the duty of trustees to protect the interests of the beneficiaries, actuarial valuations and schemes keeping funds in reserve, schemes which have reached significant maturity, the Regulator’s approach to scheme funding, redrafting of the Explanatory Memorandum, the Regulators discretion on the level of detail, the appointment of the trustee board chair. 5p.