Consultation outcome

Pension trustees: clarifying and strengthening investment duties

This consultation has concluded

Download the full outcome

Government response: Clarifying and strengthening trustees’ investment duties

This file may not be suitable for users of assistive technology.

Request an accessible format.
If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email accessible.formats@dwp.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Detail of outcome

Feedback received

100 Group to BT Pension Scheme Trustees

This file may not be suitable for users of assistive technology.

Request an accessible format.
If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email accessible.formats@dwp.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Cardano to Hymans Robertson LLP

This file may not be suitable for users of assistive technology.

Request an accessible format.
If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email accessible.formats@dwp.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Implementation Taskforce to Law Debenture Pension Trustees

This file may not be suitable for users of assistive technology.

Request an accessible format.
If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email accessible.formats@dwp.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Legal & General Investment Management to NOW Pensions

This file may not be suitable for users of assistive technology.

Request an accessible format.
If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email accessible.formats@dwp.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

OneSource to SRI Services

This file may not be suitable for users of assistive technology.

Request an accessible format.
If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email accessible.formats@dwp.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Tesco to Zurich

This file may not be suitable for users of assistive technology.

Request an accessible format.
If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email accessible.formats@dwp.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Detail of feedback received

We published the public feedback to this consultation on 13 August 2019 following a Freedom of Information request.

Original consultation

Summary

This consultation seeks views on the draft Occupational Pension Schemes (Investment and Disclosure) (Amendment) Regulations 2018.

This consultation ran from
to

Consultation description

The regulations amend:

  • what a pension scheme’s statement of investment principles must include
  • the way trustees prepare and revise the statement

The regulations also require trustees of schemes offering money purchase benefits, subject to certain limited exceptions, to:

  • publish the statement of investment principles
  • publish an annual report on how they implemented it
  • use the annual benefit statement to tell members that the statement is available

This consultation is aimed at:

  • pension scheme trustees and managers
  • pension scheme members and beneficiaries
  • pension scheme service providers, other industry bodies and professionals
  • civil society organisations
  • any other interested stakeholders

This consultation follows the government’s response to the Law Commission report ‘Pension funds and social investment’.

Short online questionnaire

We’ve provided a short online questionnaire for individuals who might want to comment on the proposals without going into great detail.

Documents

Consultation on clarifying and strengthening trustees’ investment duties

This file may not be suitable for users of assistive technology.

Request an accessible format.
If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email accessible.formats@dwp.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

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

This file may not be suitable for users of assistive technology.

Request an accessible format.
If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email accessible.formats@dwp.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Draft guidance: Cost, charge and related information reporting: guidance for trustees and managers of occupational schemes

This file may not be suitable for users of assistive technology.

Request an accessible format.
If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email accessible.formats@dwp.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Impact assessment: Clarifying and strengthening trustees’ investment duties

This file may not be suitable for users of assistive technology.

Request an accessible format.
If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email accessible.formats@dwp.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Published 18 June 2018
Last updated 13 August 2019 + show all updates
  1. Added public feedback to the consultation following a Freedom of Information request.

  2. Added a link to The Pension Protection Fund (Pensionable Service) and Occupational Pension Schemes (Investment and Disclosure) (Amendment and Modification) Regulations 2018.

  3. We published the government response to this consultation on 11 September 2018.

  4. First published.