DWP changes consultation regs for GPPs

clock •

Employers no longer have to consult with employees when a group personal pension provider is switched, a lawyer says.

Nabarro partner Anne-Marie Winton says the department for work and pensions issued revised guidance on the employer consultation regulations. She explains a change of provider would no longer be a listed change - as long as contribution rates do not change. She told IFAonline's sister publication, Professional Pensions: "There have been a number of queries raised about the operation of the employer consultation regulations and it is helpful that the DWP is aware that it needs to keep its guidance up to date. "This second version makes relatively few changes, but does clarify that empl...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Advisers urged to rethink role of traditional diversification

Advisers urged to rethink role of traditional diversification

Milliman publishes whitepaper

Sophia Panayi
clock 29 September 2026 • 2 min read

Active ETFs, ESG and the retirement advice challenge

Sarasin & Partners portfolio manager Ben Gilbert joins PA in the studio

Isabel Baxter
clock 05 June 2026 • 1 min read
Tyndall Partnerships head Sullivan on bespoke empowerment

Tyndall Partnerships head Sullivan on bespoke empowerment

‘No two IFAs invest in the same suite of models’

Isabel Baxter
clock 09 December 2024 • 4 min read