Protecting pension savers – five years on from the pension freedoms: Saving for later life

Work and Pensions Committee Closed Inquiry
Opened: 15 Dec 2021 Closed: 15 Feb 2023 Parliament page
This inquiry is looking at saving for later life and what more needs to be done to help people plan and save for retirement. We are interested in: Whether households in the UK have enough pension savings for retirement What advice and guidance people need when saving for retirement What … Read more
20 Recommendations
2 Conclusions
1 Report
6 Oral sessions
9 Letters
6 Events
Activity timeline 23 events
23 Jan
2023
Report published
19 Oct
2022
Correspondence
30 Sep
2022
Report published
7 Sep
2022
Correspondence
7 Sep
2022
Correspondence
20 Jul
2022
Correspondence
6 Jul
2022
Oral evidence
6 Jul
2022
Correspondence
6 Jul
2022
Correspondence
6 Jul
2022
Correspondence
6 Jul
2022
Formal meeting (oral evidence session) · Room 6, Palace of Westminster
22 Jun
2022
Correspondence
Oral evidence sessions 6 sessions
6 Jul 2022
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Work and Pensions Committee
Guy Opperman MP · Department for Work and Pensions Joanne Gibson · Department for Work and Pensions
15 Jun 2022
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Work and Pensions Committee
Anna Mowbray · Community Carol Young · NatWest Group Gary Dewin · The Co-op Group Jack Jones · TUC Jamie Heywood · Uber Terry Pullinger · Communication Workers Union Tim Jones · Tata Limited Tom Blenkinsop · Federation of Small Businesses (FSB)
8 Jun 2022
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Work and Pensions Committee
Caroline Siarkiewicz · Money and Pensions Service Charles Counsell · The Pensions Regulator Sarah Pritchard · The Financial Conduct Authority Sarah Pritchard · Financial Conduct Authority Sir Steve Webb · Lane, Clark & Peacock The Baroness Altmann CBE The Baroness Drake CBE
27 Apr 2022
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Work and Pensions Committee
Chris Noon · Hymans Robertson Colin Clarke · Legal and General Darren Philp · Smart Pension Jamie Jenkins · Royal London Joanne Segars · NOW:Pensions Peter Glancy · Scottish Widows Philip Brown · B&CE, the People’s Pension Will Sandbrook · NEST
23 Mar 2022
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Work and Pensions Committee
Christopher Brooks · Age UK Laurie Edmans · Financial Inclusion Commission Leah Evans · Institute and Faculty of Actuaries Martin Willis Nigel Stanley · NEST Members’ Panel Sophia Dimitriadis · International Longevity Centre Steven Taylor · Association of Consulting Actuaries Sue Ferns · Prospect Trade Union
23 Feb 2022
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Work and Pensions Committee
Carl Emmerson · Institute of Fiscal Studies Chris Curry · Institute for Fiscal Studies Nigel Peaple · Pension and Lifetime Savings Association Rob Yuille · Association of British Insurers
Title HC No. Published Items Response
Third Report - Protecting pension savers – five years on from th… HC 126 30 Sep 2022 22 Responded
Recommendations & Conclusions
1 result
Clear
15 Recommendation Not Addressed
Third Report - Protecting pension …
We welcome the Government’s recognition of the importance of addressing the fact that some low...
We welcome the Government’s recognition of the importance of addressing the fact that some low earners (disproportionately women) miss out on tax relief because their pension scheme uses the ‘net pay’ arrangement for tax relief. Given this is a long-standing … Read more
Government Response
HMRC is not actively considering automatically enrolling the self- employed via the NICs system because their systems are not designed to collect or administer pension contributions, and it would present a significant challenge as new systems would be required.
Department for Work and Pensions
View details
Government Response AI assessment · 22 of 20 classified
Accepted 3
Acknowledged 12
Deferred 5
Not Addressed 1
Rejected 1
Total 20 recs + 2 conclusions
Correspondence 9 letters
19 Oct 2022 Correspondence from Financial Conduct Authority on the Saving for later life inquiry
Parliament page
7 Sep 2022 Correspondence with the Economic Secretary to the Treasury in connection with the Saving for later life inquiry
Parliament page
7 Sep 2022 Correspondence from the Minister for Pensions following up on oral evidence as part of the Saving for later life inquiry
Parliament page
20 Jul 2022 Correspondence to Minister for Pensions about the saving for later life inquiry 20.7.22
Parliament page
6 Jul 2022 Correspondence with the Money and Pension Service about the saving for later life inquiry
Parliament page
6 Jul 2022 Correspondence with the Economic Secretary to the Treasury about the Saving for later life inquiry
Parliament page
6 Jul 2022 Correspondence with The Pensions Regulator about the saving for later life inquiry
Parliament page
22 Jun 2022 Correspondence with the Economic Secretary to the Treasury relating to the saving for later life inquiry
Parliament page
8 Jun 2022 Correspondence with the Minister of State for Media, Data and Digital Infrastructure relating to data protection legislation
Parliament page