Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, what assessment he has made of the potential impact for his Department's policies of defined benefit pensions.

The defined benefit pensions landscape remains central for the retirement plans of millions of current and future pensioners. There have been significant changes over recent years and the Government has been alive to the resulting risks and opportunities. The revised DB funding arrangements, which will be implemented in the Autumn, will help to keep members hard earned benefits safe and support the vision set out in our recent DB consultations to ensure that assets can work as hard as possible for the benefit of members, sponsoring employers, and the wider economy.