Topical Questions

Part of Work and Pensions – in the House of Commons on 29th June 2020.

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Photo of Therese Coffey Therese Coffey The Secretary of State for Work and Pensions

The independent Pensions Regulator published guidance on an interim regime for pensions superfunds. I want to stress that this is an interim regime, and that the Government will continue to develop the permanent regime before legislating with full and proper parliamentary scrutiny in the usual way. Market participants are well aware that they should not assume that the interim regime will automatically transfer into the permanent regime.