The normal minimum pension age is the minimum age at which most pension savers can access their pensions without incurring an unauthorised payments tax charge (unless they are taking their pension due to ill-health). It is currently age 55. In this consultation, the government reconfirms its intention to legislate to increase the normal minimum pension age to age 57 on 6 April 2028.
- Read the consultation on the UK Parliamentary website.
-
The UK Government undertook a consultation on improving outcomes for members of defined contribution pension schemes.
- The Law Society of Scotland's response (October 2020)
The Department for Work and Pensions has issued a consultation on a new legislative framework for authorising and regulating defined benefit 'superfund' consolidation schemes.
- View the consultation on the GOV.UK website
- The Law Society of Scotland's response (February 2019)
The Department for Work & Pensions has issued a consultation to seek views on a range of questions relating to the creation of pensions dashboards.
- View the consultation on the GOV.UK website
- The Law Society of Scotland's response (January 2019)
The Department for Work and Pensions has issued a consultation to seek views on the draft Occupational Pension Schemes (Employer Debt) (Amendment) Regulations 2017.
- View the consultation on the GOV.UK website
- The Law Society of Scotland's response (May 2017)
The Department for Work and Pensions has issued a consultation to seek views on a number of suggested measures to help ensure security and sustainability in defined benefit (DB) pension schemes.
- View the consultation on the GOV.UK website
- The Law Society of Scotland's response (May 2017)
The Department for Work and Pensions has issued a call for evidence on how the current provisions on defined contribution bulk transfers without member consent could be improved.
- View the consultation on the GOV.UK website
- The Law Society of Scotland's response (February 2017)
The UK Government has issued a consultation seeking views on a package of measures to tackle three different areas of pension scams, including a ban on cold calling in relation to pensions.
- View the consultation on the GOV.UK website
- The Law Society of Scotland's response (February 2017)