WPC call for yearly freedoms success reporting quashed

Annual reporting in relation to pensions advice branded ‘not necessary’

Hope William-Smith
clock • 4 min read
WPC call for yearly freedoms success reporting quashed

Annual assessments of pension freedoms and annual reporting of its work in relation to pensions advice is not necessary, the government has said.

In an icy response to the Work and Pensions Committee's (WPC) 13th and 25th recommendations within the 25-strong package laid out in January, the government quashed the idea that regular reporting ...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Clara Pensions appoints Broadstone as TPA

Clara Pensions appoints Broadstone as TPA

Follows Clara’s superfund deal with Debenhams scheme for which Broadstone administers

Holly Roach
clock 25 April 2024 • 1 min read
Industry reacts to TPR's 'scaled back' annual funding statement

Industry reacts to TPR's 'scaled back' annual funding statement

Statement highlights ‘radical transformation’ of scheme funding positions

Jasmine Urquhart
clock 24 April 2024 • 5 min read
Professional trustee firms see fourth consecutive year of double-digit revenue growth

Professional trustee firms see fourth consecutive year of double-digit revenue growth

Isio report shows 46% of all new trustee appointments were sole trustees

Holly Roach
clock 24 April 2024 • 2 min read
Trustpilot