Pension Funds

Department for Work and Pensions written question – answered at on 9 July 2026.

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Photo of Mark Garnier Mark Garnier Shadow Economic Secretary (Treasury), Shadow Parliamentary Under Secretary (Work and Pensions)

To ask the Secretary of State for Work and Pensions, with reference to the consultation entitled ‘Trust-based pension schemes: Trustees and governance, building a stronger future’, whether he is taking steps to ensure future guidance doesn’t impede on the primary duty of pension fund trustees.

Photo of Mark Garnier Mark Garnier Shadow Economic Secretary (Treasury), Shadow Parliamentary Under Secretary (Work and Pensions)

To ask the Secretary of State for Work and Pensions, following the conclusion of the consultation entitled ‘Trust-based pension schemes: Trustees and governance, building a stronger future’, what steps he will take to ensure any guidance to pension fund trustees remains voluntary.

Photo of Torsten Bell Torsten Bell The Parliamentary Secretary, HM Treasury, The Parliamentary Under-Secretary of State for Work and Pensions

Trustees of occupational pension schemes must act in accordance with their legal and fiduciary duties and in the interests of scheme members. The consultation ‘Trust-based pension schemes: Trustees and governance, building a stronger future’ seeks views on trustee standards, governance and administration and does not alter those duties.

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