Lord Taylor of Warwick – 2016 Parliamentary Question to the Department for Work and Pensions

The below Parliamentary question was asked by Lord Taylor of Warwick on 2016-09-06.

To ask Her Majesty’s Government what assessment they have made of the possible impact of Brexit on workers’ pensions.

Lord Freud

The period since the referendum has seen movements in market conditions that could have a material impact on pension schemes funding positions. However, the precise effect will depend on a number of factors including how assets are allocated and the approach to hedging. It is important to remember that pensions are invested in the long-term. We continue to monitor the impact.