Examination of Witnesses

Part of Pension Schemes Bill – in a Public Bill Committee at 9:30 am on 21st October 2014.

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Alan Rubenstein: My expectation is that if there is a combination of benefits, but those benefits are a part of the benefit that is included in, for example, a pure DC—a money purchase—element, the expectation would be that that element would be bought out directly and the rest of the defined benefit scheme would be protected by the PPF.