Pension Protection Fund

(asked on 29th June 2016) - View Source

Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, with reference to the Answers of 29 January 2016 to Question 23225 and of 28 April 2016 to Question 35312, what progress his Department has made on bringing forward changes to secondary legislation provisions of the Pensions Act 2014 relating to Pension Protection Fund capping.


Answered by
Justin Tomlinson Portrait
Justin Tomlinson
This question was answered on 7th July 2016

Before the long service cap can be implemented a number of changes need to be made to secondary legislation, so that it will operate as intended in all cases. While progress is being made in deveoping this legislation, we cannot at this time commit to a particular implementation date which, in any case, would be subject to the wishes of Parliament.

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