DWP pushes back simpler statements by six months

Government recognises implementation hurdles but highlights three years’ notice

James Phillips
clock • 3 min read
DWP pushes back simpler statements by six months

Auto-enrolment (AE) schemes will need to produce simpler annual statements within a standardised template from 1 October 2022, the government has confirmed.

Such statements will need to include member and pension plan details; the amount of money already saved; how much money could be available at retirement; how more money can be saved; and how to find out...

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