14 December 2022 - Defined benefit pensions with Liability Driven Investments - Oral evidence

Work and Pensions Committee questions regulators on Defined Benefit pension schemes with Liability Driven Investments (LDIs)

The Work and Pensions Committee’s third oral evidence session of its inquiry into the regulation and governance of Defined Benefit (DB) pension schemes with liability driven investments (LDIs) will hear from The Pensions Regulator, Pension Protection Fund and Financial Conduct Authority.

The inquiry is examining the impact on DB pension schemes of the rise in gilt yields in late September and early October and whether the Pensions Regulator has taken the right approach in its guidance to pension schemes on the use of LDI.

Likely areas of questioning

The session will explore with the witnesses whether changes are needed to the regulation of investment advice, the way LDI operates and how to reduce systemic risk in future.