Fresh approach to disclosure regulation


With spring in the air, the Department for Work and Pensions (DWP) has issued its latest consultation outlining a fresh approach to disclosure. Having been identified in the Deregulatory Review as an area which could lead the way in terms of a principles-based approach to regulation, the DWP is seeking views as to how the existing legislation on disclosure for pension schemes could be reformed. The consultation (which closes on 6 May 2009) seeks to balance the need to help schemes by reducing administrative burdens, whilst ensuring that members receive appropriate information.

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