Pensions

(asked on 7th May 2019) - View Source

Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, whether he has plans to introduce the Pensions Bill before summer 2019.


Answered by
Guy Opperman Portrait
Guy Opperman
Parliamentary Under-Secretary (Department for Transport)
This question was answered on 14th May 2019

This Government has recently published responses to a series of consultations, and have engaged extensively with key stakeholders and the Pensions Regulator.

In these we have committed to strengthen the Pensions Regulator’s powers to both enforce pension’s legislation and to punish those who have acted recklessly or failed to comply with their obligations. We have committed to facilitate industry to make pensions dashboards a reality. We are also compelling pension schemes to make consumers data available to them and to facilitate collective defined contribution schemes.

The Government will bring forward legislation to introduce these measures as soon as parliamentary time permits.

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