PARLIAMENTARY WRITTEN QUESTION
Pensions: Gibraltar (6 December 2023)
Question Asked
To ask the Chancellor of the Exchequer, whether he plans to bring forward legislative proposals to permit protected cell companies to insure defined benefit pension plans in the United Kingdom to match the regulations in Gibraltar.
Asked by:
Dame Harriett Baldwin (Conservative)
Asked by:
Dame Harriett Baldwin (Conservative)
Answer
The Government keeps all legislation under review and actively seeks to learn from international jurisdictions. However, there are currently no plans to allow protected cell companies to insure defined benefit pension plans in the UK.
Answered by:
Bim Afolami (Conservative)
13 December 2023
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