Hogan Lovells

Key Dates

Consultation and call for evidence issued on 19 July 2017.

Consultation closed on 30 August 2017.


Summary

The DWP has called for evidence in relation to:

The call for evidence has been made as part of the DWP's review of auto-enrolment. The DWP has asked in particular how the relevant provisions work in practice and whether there are any unintended consequences.

Background – alternative quality requirements for DB schemes

Regulations under section 23A of the Pensions Act 2008 allow DB schemes used for auto-enrolment to satisfy the quality requirements if they meet a cost of accruals test or, in certain conditions, the money purchase quality requirements.

The alternative tests were introduced in April 2015, in anticipation of the abolition of DB contracting-out on 6 April 2016. Prior to April 2016, a DB scheme could meet the auto-enrolment quality requirements by being contracted-out on the DB basis.



Date Accessed: 03/12/2021