Fifth report - Protecting pension savers—five years on from the Pension Freedoms: Accessing pension savings

Select Committee
Work and Pensions Committee HC 237 18 January 2022
Report Status Government responded
Conclusions & Recommendations 33 items (24 recs)
Source View on Parliament website
Government Response (AI assessment · 33 of 33 classified)
Accepted 6
Accepted in Part 1
Acknowledged 13
Deferred 7
Not Addressed 3
Rejected 3
Government response
Eighth Special Report - Protecting pension savers–five years on from the pension freedoms: Accessing pension savings: Government and the Financial Conduct Authority Responses to the Committee’s Fifth Report · published 27 Apr 2022
Read the government response ↗ Response on the tracker
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Recommendations & Conclusions

1 results
23 Recommendation Accepted in Part
Para 100
Pension savers will often look first to their scheme or employer for support when making...
Recommendation
Pension savers will often look first to their scheme or employer for support when making decisions about their pension savings. Schemes and employers should play an active role in providing guidance and signposting advice to their members and employees. Many … Read more
Government Response Summary
The government is working with the Money and Pensions Service to test and develop a financial Mid-life MOT, building on previous tests and examples, and will trial Midlife MOT activity in Jobcentres and the private sector to help older workers plan their career and remain in work.
Department for Work and Pensions
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