Theresa May has promised to stop executives from putting pensions at risk.
In the spring the government will reveal new rules aimed at "executives who try to line their own pockets by putting their workers’ pensions at risk", the prime minister said in a piece in the Observer.
She said businesses will need to demonstrate they have considered the longer-term impact of their decisions.
Earlier this month pensions and financial inclusion minister Guy Opperman had said that the government's white paper on defined benefit pensions, originally planned for winter, will be delayed until spring.