Pensions

Department for Work and Pensions written question – answered on 7th March 2022.

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Photo of Rachael Maskell Rachael Maskell Shadow Minister (Digital, Culture, Media and Sport)

To ask the Secretary of State for Work and Pensions, whether there are legal barriers to pension schemes providing a range of contribution and benefit options to beneficiaries in order to maintain uptake of the pension scheme.

Photo of Guy Opperman Guy Opperman The Parliamentary Under-Secretary of State for Work and Pensions

Employers are responsible for choosing a pension scheme that is suitable for them and their employees. There are minimum standards for automatic enrolment and requirements for equal treatment – but there is scope for a huge variety of scheme design in the pensions market, in terms of structuring contributions and benefits offered.

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