IRRV Alert - week ending 14th July 2023
News
Consultations
Ending the proliferation of deferred small pension pots (11 July 2023)
Open consultation
Ending the proliferation of deferred small pension pots
- From:
- Department for Work and Pensions
- Published
- 11 July 2023
- Last updated
- 17 July 2023 — See all updates
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Summary
Government response to the call for evidence "Addressing the challenge of deferred small pots" and consultation on proposals to resolve the small pots issue.
This consultation closes at
11:59pm on 5 September 2023
Consultation description
This document includes:
- a summary of responses received to the call for evidence on “Addressing the challenge of deferred small pots”
- a consultation with further policy questions to gather additional views and evidence on the proposed automated consolidation solution to address the growth of deferred small pots
We welcome responses from:
- pension scheme providers
- trustees
- scheme managers
- members of workplace pension schemes
- employee representatives
- trades unions
- consumer groups
- employers and employee representative groups
- pension industry professionals
- members of the advisory community and any other interested stakeholders
We have also published an analysis of the impact of July 2023 pension package on member outcomes.
Documents
Ending the proliferation of deferred small pots
HTML
Ending the proliferation of deferred small pots
PDF, 437 KB, 51 pages
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Ways to respond
Email to:
smallpots.policyteam@dwp.gov.uk
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Published 11 July 2023
Last updated 17 July 2023 + show all updates