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
Government Response (AI assessment · 22 of 22 classified)
Accepted
3
Acknowledged
12
Deferred
5
Rejected
1
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 …
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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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