Govt to simplify pension info and commits to 'statement season' law

Pensions minister speaks at the PLSA’s 2021annual conference

Hope William-Smith
clock • 1 min read
Guy Opperman: “Simpler statements will usher in a new standard for how schemes communicate."
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Guy Opperman: “Simpler statements will usher in a new standard for how schemes communicate."

The government will lay the regulations for simpler annual pension benefit statements and legislate for a “statement season”, pensions and financial inclusion minister Guy Opperman has confirmed.

Speaking virtually at the Pension and Lifetime Savings Association's annual conference yesterday (12 October), Opperman said the government was looking to build on the success of auto-enrolment with the...

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