UK - Accountancy giant PricewaterhouseCoopers is refusing to respond to the pensions Green Paper because it believes the government is simply recycling questions.
The move will come as a blow to the government, which is desperately trying to collate fresh material from the industry before March 28 when the consultation period ends.
PwC partner John Shuttleworth said: “The government is asking the same old questions again, so what’s the point in us repeating ourselves?”
He stressed that the government has not yet answered questions posed by PwC more than two years ago.
The Green Paper received widespread criticism when it was published last year with consultants, fund managers and schemes all labelling it a “missed opportunity”.
Meanwhile, the government is urging scheme members to take part in an online discussion on the Green Paper.
It is the first time the government has invited members of the general public to take part in a consultation of this sort.
West Midlands Metropolitan Authorities Pension Fund chief pensions officer Mike Woodall said communication was the “life-blood of pensions”.
He added: “I hope the consultation is structured in a user-friendly way and is written in a language that the lay person will understand.”
The online discussion can be accessed at www.dwp.gov.uk/greenpaper
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers