Pensions: Fraud

(asked on 9th November 2021) - View Source

Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, pursuant to the announcement of 8 November 2021 on preventing pension scams, what estimate she has made of the impact on the number of referrals to MoneyHelper for mandatory guidance once the new rules come into force; and whether additional resources have been allocated to MoneyHelper for that purpose.


Answered by
Guy Opperman Portrait
Guy Opperman
Parliamentary Under-Secretary (Department for Transport)
This question was answered on 16th November 2021

The legislation will fully come into force on the 30 November. We anticipate that accurate data will become available after this point. It is the Departments intention to monitor the volumes of referrals to MoneyHelper and include this in the review of the regulations I have committed to carry out within 18 months of them coming into force having worked closely with the Money and Pension Service.

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