Response from the Pensions Management Institute to DWP consultation: 'Strengthening The Pensions Regulator’s Powers: Notifiable Events (Amendments) Regulations 2021’
The PMI response to DWP’s call for evidence - Stronger nudge to pensions guidance
We agree on the principle of delivering the Stronger Nudge to those 50 and over is appropriate although the earliest age for accessing pensions in most cases is 55increasing to 57. Might 50 be too early particularly as the proposal is to only nudge once?
The PMI response to TPR consultation: 'Guidance on governance and reporting of climate related risks and opportunities and A new appendix to TPR’s monetary penalties policy'
We believe there is a need for greater clarity about Expected Retirement Income (ERI)and how the ecosystem is going to comply with Data Protection requirements and be compatible with providers' Application Programming Interface (API) for effective planning around sharing data and verifying members.