Deregulatory Review
The Government wants to support and strengthen existing high quality occupational pension provision and in Security in retirement: towards a new pensions system it announced a rolling deregulatory review of private pensions legislation.
The aim of the review is to make the private pensions regulatory framework simpler. It will seek to recommend changes for the future that will make running schemes easier, lighten regulation and reduce bureaucracy and cost. It will consider a range of measures affecting both administrative costs and the costs of provision.
The review is examining the regulation of private pensions, drawing on proposals from stakeholders taking account of the balance between protecting members and encouraging employer provision of pensions and having regard to legal and other constraints.
The reviewers' report and the Government response
The report to Government from the independent external reviewers Chris Lewin and Ed Sweeney, the Deregulatory Review of Private Pensions (262KB) 
, was published 25 July 2007.
The Government response (311KB) to the findings of the independent review was published on 22 October 2007. The response set out proposals for change and sought views. The consultation period ended on 15 November. The response to the consultation (91KB) was published on 5 December 2007.
Printed copies of the independent review, the Government response and the response to the consultation can be obtained from:
John Kyriacou
DWP
The Adelphi
Level 3
1 – 11 John Adam Street
London
WC2N 6HT
E-mail: John.Kyriacou@dwp.gsi.gov.uk
Read the press release on the publication of the Pensions Bill.
Read the Terms of Reference for the review
Find out about progress so far on the Review
Read about the the advisory group
Read the consultation paper (297KB)