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  • Closed consultation Proposals for a Pension Schemes Bill

    Topics:
    • Benefits and pensions, 
    • Pensions

    Consultation closed Consultation opened 16 December 2016, 1.56 pm and closed 9 February 2017, 5.00 pm

    Summary

    In order to comply with its obligations under section 75 of the Northern Ireland Act 1998, the Department has undertaken an EQIA on proposals which, subject to Ministerial agreement and Executive approval, may be brought forward in a Pension Schemes Bill.

    Documents

    • Proposals for a Pension Schemes Bill: Equality Impact Assessment Adobe PDF (229 KB)

    Help viewing documents

    Consultation description

    It is anticipated that the proposed Bill will introduce:

    • an authorisation and supervision regime for Master Trusts (a form of multi-employer occupational pension scheme), and
    • a cap/ban on early exit charges and member-borne commission that arise under existing arrangements, as well as new arrangements

    See also Proposals for a Pension Schemes Bill: Completed equality impact assessment - May 2020

    Ways to respond

    Consultation closed — responses are no longer being accepted.

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