Threads / Defined Contribution Pension Scheme Outcomes Improvement / Helping savers understand their pension choices: supporting…
Consultation Outcome Published 22 Nov 2023 Department for Work and Pensions ↗ View on GOV.UK

Helping savers understand their pension choices: supporting individuals at the point of access

This is a consultation on a policy framework for supporting individuals on how to use their private pension savings at the point of access.

Opened 11 Jul 2023
Closed 5 Sep 2023
▤ Verbatim text from source document

This document includes:

  • a response to the products and services element of the call for evidence on Helping savers understand their pension choices
  • a set of policy consultation questions on support and products to be made available to members of occupational pension schemes
  • an exploration of next steps

We would welcome responses from:

  • pension scheme trustees and managers
  • pension scheme service providers, other industry bodies and professionals
  • employers who sponsor an occupational pension scheme
  • individual pension savers

We have also published an analysis of the impact of July 2023 pension package on member outcomes.