Download or read book Government Response to the Consultation on Better Workplace Pensions written by Great Britain: Department for Work and Pensions and published by . This book was released on 2015-02-04 with total page 115 pages. Available in PDF, EPUB and Kindle. Book excerpt: Print and web pdfs are available at https://www.gov.uk/government/publications. Dated February 2015. Government response to Cm. 8929 Web ISBN=9781474114929

Download or read book Government Response to the Consultation written by Great Britain: Department for Work and Pensions and published by . This book was released on 2014-06-26 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dated June 2014. A TSO version of a title previously published by HM Government. Government response to Cm. 8710 (ISBN 9780101871020)

Download or read book Better Workplace Pensions written by Great Britain: Department for Work and Pensions and published by . This book was released on 2014-04-10 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Command Paper forms the Government's response to its consultations on minimum quality standards and its formal response to the OFT market report. It brings forward a package of proposals that will ensure that individuals are enrolled into schemes with low and fair charges, good governance and increased transparency. It describes the Government's plan to improve governance in Defined Contribution workplace schemes. This includes proposals for both contract and trust-based schemes, examining how administration standards might be improved and looking closely at the relationship between scheme size and good member outcomes. It also contains the Government's plans to create fair and appropriate charging structures in Defined Contribution workplace schemes - through a charge cap on default funds used in qualifying schemes and an end to inappropriate member-borne charging structures such as Active Member Discounts, consultancy charges and adviser commissions within qualifying schemes. Transparency will play a vital role in delivering these changes. For the first time providers and schemes will be required to produce line item disclosure of all charges in a standard format

Download or read book Revised Implementation Proposals for Workplace Pension Reform written by Great Britain. Department for Work and Pensions and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Department for Work and Pensions Public Consultation Better Workplace Pensions A Consultation on Charging Cm 8737 written by Great Britain: Department for Work and Pensions and published by The Stationery Office. This book was released on 2013-10-30 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Government is proposing to introduce a system of automatic pensions transfers to help people to better keep track of their workplace pension savings. The majority of people being automatically enrolled are likely to join the default fund in defined contribution (DC) schemes. It is, therefore, important to ensure that these schemes deliver the best possible value for money. The impact of the charges levied on people's pensions savings over their lifetime can be significant - seemingly small variations in charges can result in a considerable difference in people's final retirement savings. A number of voluntary industry initiatives seeking to improve disclosure of charges information to scheme members and employers have been launched in an effort to reduce the complexity of the product. The Government welcomes these initiatives, but is interested in views on whether further action is required. There are a number of potential options: mandating disclosure to members by widening the disclosure requirements, to include information about charges; standardising disclosure to employers; or disclosure of transaction costs - require disclosure to members, employers, as well as trustees, and independent governance committees (as recommended by the OFT). The Government is also interested in hearing views on whether: a cap on pension scheme charges should be introduced; differential charging between active and deferred members should be banned in DC qualifying schemes; the ban on consultancy charges should be extended from AE schemes to all qualifying DC schemes; adviser commissions set up prior to the introduction of the Retail Distribution Review should be banned in qualifying schemes

Download or read book Better Workplace Pensions written by Great Britain. Department for Work and Pensions and published by . This book was released on 2014 with total page 115 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Department for Work and Pensions Public Consultation Reshaping Workplace Pensions for Future Generations Cm 8710 written by Great Britain: Department for Work and Pensions and published by The Stationery Office. This book was released on 2013-11-07 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Reinvigorating workplace pensions1 published last November, the Government set out to explore whether there was scope for a new category of defined ambition (DA) pensions that would complement the defined benefit (DB) and defined contribution (DC) structures that currently dominate the market. Automatic enrolment and the single-tier State Pension will provide a firm foundation for saving for retirement. But if the current forms of DC pension saving become the default alternative to traditional DB, the pension income of future generations from workplace pensions will be more uncertain than for past generations. Over the last 12 months the DA project - a joint project between DWP and the pensions industry - has been exploring options in a middle ground. The Government proposes that the regulation of workplace pension schemes should not focus on the detail of benefit design but on what is important to the member: ensuring that any promise or guarantee, whether from the sponsoring employer or scheme, provider is delivered. This Government proposes to make it easier for employers to sponsor new pension schemes where benefits accrue on a specified basis (e.g. related to salary); and also to allow additional flexibilities for future accruals only within existing DB schemes, including the possibility of allowing a statutory override to facilitate these changes. The new flexibility will remove constraints from the existing legislative framework while still giving employees the certainty of a pension scheme where the benefits are defined (such as in relation to their salary) with the security of the promise being sponsored by their employer

Download or read book Government Response to the Consultation on Protecting Defined Benefit Pension Schemes written by and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Pensions Dashboards written by Great Britain. Department for Work and Pensions and published by . This book was released on 2019 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Freedom and Choice in Pensions written by Great Britain. Treasury and published by . This book was released on 2014 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Freedom and Choice in Pensions written by Great Britain. HM Treasury and published by . This book was released on 2014 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Consultation on Valuing Pensions for the Advice Requirement and Introducing New Consumer Protections written by and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Improving Governance and Best Practice in Workplace Pensions written by Great Britain. Parliament. House of Commons. Work and Pensions Committee and published by . This book was released on 2013-06-28 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt: Government response to HC 768-I, session 2012-13 (ISBN 9780215056979)

Download or read book Abolition of Contracting Out Statutory Override for Protected Persons Regulations written by and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Government Response to the Consultation on the Draft National Employment Savings Trust Amendment Order 2018 written by and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Workplace Pensions Automatic Enrolment written by and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Workplace Pensions Automatic Enrolment written by and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: