In July 2017, the Treasury undertook a consultation exercise seeking the views of employers and scheme trustees who operate contracted-out pension schemes. Views were also sought from employees who are members of such schemes, as to how the Treasury could minimise any adverse impact that the ending of the current contracted-out arrangements may have.
The Treasury has today published a document setting out the feedback received together with the Treasury’s response regarding the way forward.
The consultation generated a good deal of interest and the Treasury would like to thank all those who took the time to respond.
