Consultation outcome

Banning member-borne commission in occupational pension schemes

This consultation has concluded

Detail of outcome

We published the government response to this consultation on 26 January 2016 as part of a new consultation.

Original consultation

Summary

This consultation seeks views on options for banning member-borne commission payments in occupational schemes used for automatic enrolment.

This consultation ran from
to

Consultation description

This consultation seeks views on the best way of regulating to ban member-borne commission payments in relevant occupational pension schemes that:

  • provide money purchase benefits
  • are being used as qualifying schemes for automatic enrolment

This consultation follows the government’s announcement in March 2014 that its intention was to prohibit member-borne commission payments to an adviser in such schemes from April 2016.

Documents

Better workplace pensions: banning member-borne commission in occupational pension schemes

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Published 26 October 2015
Last updated 26 January 2016 + full page history
  1. Added a link to the government response to this consultation.
  2. First published.