Consultation outcome

The draft Pension Protection Fund (Modification) (Amendment) Regulations 2017

This consultation has concluded

Download the full outcome

Government response to the draft Pension Protection Fund (Modification) (Amendment) Regulations 2017

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Detail of outcome

The government consulted on the draft Pension Protection Fund (Modification) (Amendment) Regulations 2017 between 15 September and 9 November 2016.

The draft regulations made changes to secondary legislation to ensure that new cap on Pension Protection Fund compensation to recognise long service worked as intended in specific situations.

We received 22 responses to the consultation, the majority of which were from individuals.

Original consultation

Summary

This consultation seeks views on measures to ensure that the Pension Protection Fund long service compensation cap works as intended.

This consultation ran from
to

Consultation description

The Pensions Act 2014 provided for an increased compensation cap for long service. This consultation concerns the changes needed to secondary legislation to ensure that the cap operates as intended in all situations.

The commencement order and the transitional provisions order are necessary for the coming into force of the primary legislation. They are included here for information only – the government is not consulting on them.

Documents

The draft Pension Protection Fund (Modification) (Amendment) Regulations 2017: public consultation

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The draft Pension Protection Fund (Modification) (Amendment) Regulations 2017

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The draft Pensions Act 2014 (Commencement No. 9) Order 2016

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The draft Pensions Act 2014 (Pension Protection Fund: Increased compensation cap for long service) (Pension Sharing on Divorce) (Transitional Provision) Order 2017

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Published 15 September 2016
Last updated 13 March 2017 + show all updates
  1. Published the government response to the consultation.
  2. First published.