Claire Carey provides an essential overview of significant developments affecting occupational pension provision in the UK.

The Government is planning to lift restrictions on how well-funded, occupational DB schemes that are “performing well” can invest surplus funds. With a response to the DWP’s February 2024 consultation on DB options due this spring, this quarter’s Spotlight focuses on the options on the table, how they fit within the wider DB regulatory framework, and any steps trustees and employers can be taking now to prepare.