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

Select Committee
Work and Pensions Committee HC 126 30 September 2022
Report Status Government responded
Conclusions & Recommendations 22 items (20 recs)
Government Response (AI assessment · 22 of 22 classified)
Government response
Fourth Special Report - Protecting pension savers—five years on from the pension freedoms: Saving for later life: Government, Financial Conduct Authority and Money and Pensions Service Responses to the Committee’s Third Report of Session 2022–23 · published 23 Jan 2023

Recommendations & Conclusions

1 results
22 Recommendation Rejected
We heard that there is a consensus that auto-enrolment has been successful in increasing participation...
Recommendation
We heard that there is a consensus that auto-enrolment has been successful in increasing participation in workplace pension saving but also that it is time to address the challenges which mean many people are unaware they are not saving enough … Read more
Government Response Summary
The government does not believe a new office is necessary, stating that the DWP already provides evidence and analysis, working closely with stakeholders.
Department for Work and Pensions
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