12
We welcome the fact that the Pensions Regulator is supporting efforts to encourage the pensions...
Recommendation
We welcome the fact that the Pensions Regulator is supporting efforts to encourage the pensions industry to share information about pension scams through its pledge to combat pension scams campaign, which was launched in November 2020. We would like to see all of the pensions industry sign the pledge. We recommend that Project Bloom should actively encourage the pensions industry to sign up to the pledge. The Pensions Regulator should monitor and report twice annually to this Committee on the effectiveness of its pledge to combat pension scams.
Paragraph Reference
47
Government Response
Accepted
Government Response
Accepted
HM Government
Accepted
The Government agrees with this recommendation, and it will form part of the Department for Work and Pension’s plan to review the policy (see response to Recommendation 11).
Source
Committee
Work and Pensions Committee
Report
Fifth report: Protecting pension savers—five years on from the pension freedoms: Pension scams
28 Mar 2021
HC 648
Addressee Bodies
Department for Work and Pensions
Timeline
Recommendation age
5.2 yrs
Report published
28 Mar 2021