| answer text |
<p>Our Green Paper: Security and Sustainability in Defined Benefit Schemes looked
at a number of potential measures to further protect DB schemes – including introducing
a system for compulsory clearance by the Regulator for certain corporate transactions
and a requirement for employers to consult with trustees before paying dividends where
the scheme is underfunded.</p><p>We are currently analysing the feedback received
and will publish a White Paper in winter. Any future changes to legislation need to
be considered carefully against the need to ensure appropriate protections for members,
the impact on business and the wider economy.</p>
|
 |
