Survey on DWP Stronger Nudge to Pensions Guidance consultation
29 July 2021, News
The PLSA would like to get your views on the Stronger Nudge to Pensions Guidance regulations being consulted on by DWP in England, Wales and Scotland. We expect these to be introduced into Northern Ireland soon after, so are keen to hear from members in all home nations.
The Stronger Nudge will involve the pension scheme booking a Pension Wise appointment for individual savers who haven’t received Pension Wise guidance already, prior to them exercising one of their decumulation options. The saver will have the right to opt out of the appointment.
It is important that we hear from all types and sizes of DC pension schemes, but are particularly interested in the impact on smaller DC schemes.
We very much value your input, especially where it is possible to provide additional comments, which will enable us to have a more comprehensive and robust response.
This survey closes on Wednesday 11 August 2021. It should take less than 7 minutes to complete.
Take the survey
Please contact [email protected] and [email protected] if you have any questions.