Government response to WPC report 'bleak' and 'dangerous'

The government refused to set out a timetable for implementing the 2017 AE review

Holly Roach
clock • 3 min read
Government response to WPC report 'bleak' and 'dangerous'

The pensions industry has dubbed the government's response to the Work and Pensions Committee (WPC) paper on pension freedoms as "bleak" and "dangerous".

In its response to the WPC paper - published yesterday (23 January) - the government rejected a number of proposals put forward including calls to set out a timetable to increase pension contributi...

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

TPR: First-time AE savers surpass 11 million

TPR: First-time AE savers surpass 11 million

Regulator warns employers to comply with their AE duties to keep pensions on track

Martin Richmond
clock 04 March 2024 • 2 min read
Smart Pension reaches £5bn in AUM

Smart Pension reaches £5bn in AUM

Provider says it expects to reach £10bn in AUM within the next three years

Martin Richmond
clock 04 March 2024 • 2 min read
PensionBee announces US expansion proposals

PensionBee announces US expansion proposals

Move aims to allow US consumers to easily consolidate and roll over their 401(k) plans

Jonathan Stapleton
clock 04 March 2024 • 2 min read
Trustpilot