Pensions in the spotlight for Red Tape Challenge

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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and legislation relating to the role of the trustee will be examined as part of a cross-Government drive to abolish outdated or unnecessary regulations.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:

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“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.

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