Updated 9 August 2012
Meeting future workplace pension challenges: improving transfers and dealing with small pension pots
Start date 15 December 2011
End date 23 March 2012
This consultation sought views on how Government and the pensions community can work together to solve a key challenge facing the workplace pensions system: the proliferation of small pension pots. We anticipate that automatic enrolment and a highly mobile jobs market will lead to a significant increase in the number of small dormant pension pots in our future pension system. The burden of these small pots is compounded by the fact that systemic barriers, like cost and complexity, prevent people from moving and consolidating their pensions into the one place.
An impact assessment was published alongside the consultation paper.
A summary of research findings was also published alongside the consultation paper.
Government response
The Government published its response to this consultation on 17 July 2012.
Response in full, including executive summary
Rich Text Format
Impact Assessment
Welsh summary
- Ymateb y Llywodraeth i’r ymgynghoriad: Gwella trosglwyddiadau ac ymdrin â chronfeydd pensiwn bach (790KB)
The consultation
- Meeting future workplace pension challenges: improving transfers and dealing with small pension pots (795KB)
Rich Text Format
- Meeting future workplace pension challenges: improving transfers and dealing with small pension pots (3.9MB) RTF
Welsh summary
Impact Assessment
Summary of research findings
More information
Our How we consult page has more information about the code of practice we follow and explains how we deal with responses.
