Statement seasons could alienate savers

20th century policy could lead to massive demands on pension providers, says Phil Brown

clock • 4 min read

When pensions and financial inclusion minister Guy Opperman appeared before a key parliamentary committee on Wednesday (July 14) he publicly reaffirmed his ambition to introduce a pensions statement season.

Although his comments to the Work and Pensions Committee (WPC) will not come as a surprise to many within the industry, the minister's choice of words imply that a decision has been taken, if only ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Admin / Technology

'Significant disconnect' in how schemes oversee admin

'Significant disconnect' in how schemes oversee admin

LawDeb says 38% of schemes are planning admin review or replacement while others ‘remain stagnant’

Holly Roach
clock 04 June 2026 • 2 min read
The emergence of Pensions as a Service (PaaS)

The emergence of Pensions as a Service (PaaS)

Chris Williams asks why firms are rethinking owning their pensions infrastructure

Chris Williams
clock 04 June 2026 • 4 min read
Pensions administration undergoing 'profound shift' in value

Pensions administration undergoing 'profound shift' in value

PwC paper says administration has shifted to a ‘strategic asset’ of increased importance

Martin Richmond
clock 29 May 2026 • 3 min read
Trustpilot