Pension System Reforms
The Department for Work and Pensions (DWP), The Financial Conduct Authority (FCA), and The Pensions Regulator (TPR) are collaborating to create a functional pension system for savers.
At the Pensions UK annual conference, delegates were assured by TPR, FCA, and DWP that they would strive to provide industry certainty during a time of change.
Key Speakers
- Charlotte Clark, FCA Director of Cross-Cutting Policy and Strategy
- Kerstin Parker, DWP Director of Private Pensions
- Nausicaa Delfas, TPR Chief Executive
The pension system currently is unfinished. We’ve managed with automatic enrolment to create a nation of savers, but we know that they’re not saving enough, and that at retirement, it’s not clear what they should do.
Author's summary: Regulators team up to reform the pension system.
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