Consultation outcome

Occupational pensions: improving disclosure of costs, charges and investments

This consultation has concluded

Download the full outcome

Government response: Disclosure of costs, charges and investments in defined contribution occupational pensions

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Detail of outcome

We published the government response to this consultation on 26 February 2018.

We also published Cost and charge reporting: guidance for trustees and managers of occupational schemes on 26 February 2018.

Read The Occupational Pension Schemes (Administration and Disclosure) (Amendment) Regulations 2018 on www.legislation.gov.uk.

Original consultation

Summary

This consultation seeks views on publishing cost and charge information and providing members with investment information on request.

This consultation ran from
to

Consultation description

This consultation seeks views on proposals for trustees and managers of certain occupational schemes to:

  • publish information about cost and charges and tell members where they can find it
  • provide information, if a member asks, about the funds in which their money is invested

The proposals follow earlier calls for evidence on:

We published research on the latest pension charges survey on 26 October 2017.

We would particularly welcome responses from:

  • members of occupational pension schemes
  • employers
  • consumer groups
  • pension providers, including third-party administrators
  • investment managers
  • independent financial advisers and adviser firms
  • trustees and managers of schemes
  • interested members of the public

Documents

Consultation: Disclosure of costs, charges and investments in defined contribution occupational pensions

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Draft regulations: The Occupational Pension Schemes (Administration and Disclosure) (Amendment) Regulations 2018

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Draft statutory guidance: The Occupational Pension Schemes (Administration and Disclosure) (Amendment) Regulations 2018

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Published 26 October 2017
Last updated 1 March 2018 + show all updates
  1. Added "Willis Towers Watson" to the list of respondents in Annex A of the government response.
  2. Added a link to the regulations.
  3. Added the government response to this consultation and a link to guidance related to the regulations.
  4. Added a link to the pension charges survey 2016.
  5. First published.