The consultation paper focuses on how best to –
- make provision for dispute resolution by the Ombudsman, in particular, a function for early resolution of disputes before a determination;
- allow an employer to make a complaint or refer a dispute to the Ombudsman, where, for example, the employer chooses a group personal pension arrangement for their employees;
- make provision in relation to associated signposting.
This consultation is aimed primarily at persons dealing with pension schemes including pension scheme members. Views are also welcomed from any interested parties.
In general, Northern Ireland’s pensions policy and legislation operate in line with Great Britain, and there is, in effect, a single pensions system across the UK. Additionally, the pensions regulatory regime, for example, the Pensions Ombudsman, operates UK wide. It is anticipated therefore that any changes will be introduced here, subject to the necessary Ministerial, Executive and Assembly approvals.
Note: The author for this consultation is the Department for Work and Pensions. As such, all consultation information and related documents can be found on the GOV.uk website.