Consultation outcome

Helping savers understand their pension choices

• From: Department for Work and Pensions
• Published: 14 June 2022
• Last updated: 11 July 2023 — See all updates

This was published under the 2019 to 2022 Johnson Conservative government

This consultation has concluded

Detail of outcome

The government published its response to this call for evidence on 11 July 2023.

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Original consultation

Summary

A call for evidence on how we can help savers, improve member communications, guidance and decumulation products in pension schemes.

This consultation ran from
14 June 2022 to 11:59pm on 25 July 2022

Consultation description

This call for evidence has been launched to explore what support members of pension schemes need to help them make informed decisions about how to use their savings.

It will also seek to understand what support and decumulation products are currently on offer to members, and what may be offered to them in the future.

DWP therefore welcomes input from pension scheme members, consumer organisations as well as trustees and scheme managers.

This consultation is aimed at:

• individuals who want to understand savings
• pension scheme members and beneficiaries
• pension scheme service providers, other industry bodies and professionals
• pension scheme trustees
• any other interested stakeholders

Documents

Helping savers understand their pension choices

HTML

Helping savers understand their pension choices

PDF, 281 KB, 25 pages

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Published 14 June 2022
Last updated 11 July 2023 + show all updates

1. 11 July 2023

   Added link to the government response to the call for evidence.

2. 14 June 2022

   First published.