Pensions in the spotlight for Red Tape Challenge

-

Current private pensions regulations are being put in the spotlight from this week, as part of the Government’s ‘Red Tape Challenge’.

From 19 April – 10 May pensions regulations such as defined benefit legislation, the protection regime and legislation relating to the role of the trustee will be examined as part of a cross-Government drive to abolish outdated or unnecessary regulations.

People who deal with pensions processes day-to-day are being urged to tell the Department for Work and Pensions specifically which regulations they think are too burdensome.

Minister for Pensions, Steve Webb, said:

HRreview Logo

Get our essential weekday HR news and updates.

This field is for validation purposes and should be left unchanged.
Keep up with the latest in HR...
This field is hidden when viewing the form
This field is hidden when viewing the form
Optin_date
This field is hidden when viewing the form

 

“Good regulation plays a vital role in private pensions saving; it protects business, consumers and employers. But we need to go back to first principles and make sure unnecessary or overcomplicated regulation doesn’t hinder saving.”

Pamela Flores is an events professional with experience at Symposium Events, a UK-based conference and events organization. She has worked in editorial and event coordination roles within the HR and expatriate management sector, contributing to the organization of major conferences including the Expatriate Management and Global Mobility conference. Her background spans online editorial work and events management within the professional conference industry.

Latest news

England’s overnight World Cup clash and 5am pub opening prompt CIPD advice

The CIPD is urging organisations to agree any flexibility before England's 1am World Cup last-16 tie to help minimise disruption at the start of the working week.

Russell Cowley: Gen Z – rebuilding workplace culture, break by break

Gen Z workers are taking proper breaks and in doing so, they may be fixing something the rest of us broke.

Fit for Work: Weekend warrior? You can still reap the health benefits

Weekend exercise can still improve long-term health, even for people who struggle to fit physical activity into the working week.

Superdry co-founder’s victim warns workplace power can silence abuse victims

A survivor's account raises questions about speaking-up cultures and accountability in organisations.
- Advertisement -

UK’s always-on work culture ‘driving employee burnout’

Nearly half of UK workers say they end most working days mentally exhausted as rising workplace pressure leaves employees and managers struggling to switch off.

Andrew Murray on why no two days look alike

A people development leader shares how travel, training and a passion for helping others shape a working day with little room for routine.

Must read

Steve Girdler: Social media – Screening success or business blunder?

Social networking sites have revolutionised communication methods in the...

Andrea Piacentini: Mobility programme management and compliance in an increasingly complex world

In a world where there are more and more regulations to identify and adhere to in the global mobility space, compliance to social security regulations, employment rules and a host of local and international laws is one of the key challenges for mobility professionals. And, as the world becomes more volatile, uncertain, complex and ambiguous, specialist knowledge and team work are defining characteristics of global mobility work.
- Advertisement -

You might also likeRELATED
Recommended to you