Department for Work and Pensions
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Embargoed until 13:00 on 24 September 2009 - Employers to have their say on pension reform
Employers will be
having their say on some of the key elements of the Government’s
auto-enrolment reforms as the consultation on the second batch of
regulations was launched today.
Employers to have their say on pension reform
Angela Eagle, Minister for Pensions and the Ageing Society, said:
“These landmark reforms, on a scale unprecedented anywhere in
the world, will ensure millions of workers on low and moderate
incomes will be able to save for retirement in a workplace pension
for the first time. Our reforms mean people will receive a
mandatory employer contribution and tax relief from the State. We
encourage all stakeholders to continue to play their part in this
important consultation as we deliver this ambitious programme.”
It will seek views on matters including scheme self
certification, qualification criteria for pension schemes and
requirements to provide employees with information on auto enrolment.
The responses to the consultation on the first batch of
regulations were also published today.
Today’s consultation will consider the timetable for the
implementation plan for the reforms and make additional proposals
for the compliance and enforcement regime of auto enrolment.
This consultation will run until 5 November 2009 and is
available at www.dwp.gov.uk/consultations
This is the final consultation on regulations that will be
needed to deliver automatic enrolment.
In addition the Government is also publishing a second
consultation, on draft guidance on the use of Group Self Invested
Personal Pensions (SIPPs) for auto-enrolment and the use of
default options in workplace personal pensions (WPPs) used for
auto-enrolment. This consultation will run until 17 December 2009
and is also available at www.dwp.gov.uk/consultations.
DWP034/09
Contacts:
NDS Enquiries
Phone: For enquiries please contact the above department
ndsenquiries@coi.gsi.gov.uk
Department Work and Pensions
Phone: 020 3267 5144
NDS.DWP@coi.gsi.gov.uk