CPI as the measure of price increases on private sector occupational pension schemes

The consultation sought views on an amendment to the Occupational and Personal Pension Schemes (Consultation by Employers and Miscellaneous Amendment) Regulations 2006. The consultation was aimed primarily at pension industry professionals and others with an interest in occupational pension schemes.

The impact assessment accompanying the consultation was re-published on the 11 February 2011 to correct an error in an earlier published draft and to accommodate methodological changes to some of the calculations.

We re-published the impact assessment again on 12 July 2011 to take account of:

• research into private pension schemes rules published on 16 June 2011, and
• the latest Office of Budget Responsibility estimates of RPI and CPI inflation rates.