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ARTICLE · 13 MARCH 2024

UK Pensions Headlines: March 2024

WTW
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On 23 February 2024, the UK Department for Work and Pensions (DWP) issued its Options for Defined Benefit Schemes consultation document...

United KingdomEmployment and HR
Mark Dowsey
Mark Dowsey
David Robbins
David Robbins

Round-up of recent developments in UK pensions.

Contents

PPF issues a discussion document on its role as a UK public sector consolidator

Mark Dowsey, David Robbins | March 5, 2024

On 23 February 2024, the UK Department for Work and Pensions (DWP) issued its Options for Defined Benefit Schemes consultation document, which proposed that the Pension Protection Fund (PPF) should manage the public sector consolidator (PSC) that the Government had committed to establishing by 2026. (For further details, see WTW's summary.) One week later, the PPF issued a discussion document, Public Sector Consolidator Design setting out its "initial view" on how the consolidator should operate.

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