Pensions

Department for Work and Pensions written question – answered on 9th December 2014.

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Photo of Yasmin Qureshi Yasmin Qureshi Labour, Bolton South East

To ask the Secretary of State for Work and Pensions, what recent discussions he has had with employers on the creation of collective defined contribution pension schemes.

Photo of Steve Webb Steve Webb The Minister of State, Department for Work and Pensions

Officials and ministers have had a number of conversations, during the policy development and consultation process, with employers who may be potentially interested in establishing collective arrangements for their employees. We cannot give details of the organisations concerned due to commercial sensitivities. We also sought input about the types of schemes that might be attractive to employers through our Defined Ambition and Collective Industry Working Groups.

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