CONSULT.Outcome publishedConsultation · gov.uk

Improving outcomes for members of defined contribution pension schemes

Government response to the February 2019 consultation ‘Investment Innovation and Future Consolidation,’ and further consultation on proposed measures to improve outcomes for Defined Contribution scheme members.

Last fetched 03 May 2026 · gov.uk

Detail

This government response to the February 2019 consultation ‘Investment Innovation and Future Consolidation,’ also includes further consultation on proposed measures to improve outcomes for Defined Contribution scheme members.

Please complete the online questionnaire which accompanies this consultation.

Alternatively, if you wish to submit information which cannot be provided via a web form, please send your consultation responses to:

Email: pensions.investment@dwp.gov.uk.

Electronic responses are preferred unless there is a clear reason not to do so. In that instance please send your responses to:

David Eaton
Department for Work and Pensions
DC Policy Team, Policy Group
Private Pensions and Arms Lengths Bodies Directorate
Zone A, 3rd Floor South
Quarry House
Quarry Hill
Leeds
LS2 7UA

Note: When responding please indicate whether you are responding as an individual or representing the views of an organisation.

Documents

Introduction How we consult Ministerial foreword Chapter 1: Summary Chapter 2: Encouraging consolidation Chapter 3: Diversification, performance fees and the default fund charge cap Chapter 4: Using transparency as a prompt Chapter 5: Updates to Statutory Guidance: Reporting costs, charges and other information Chapter 6: Other changes to legislation Annex A: List of respondents Annex B: List of consultation questions Annex C: Draft regulations Annex D: Keeling schedulesapplication/vnd.oasis.opendocument.text Annex E: Statutory Guidance: Value for money and consolidation Annex F: Non-exhaustive list of costs and charges Annex G: Cost and charges statutory guidance Impact assessment: Improving outcomes for members of Defined Contribution pension schemes Impact assessment: Default SIP for schemes with a default fund that is “with profits”Improving outcomes for members of defined contribution pension schemesapplication/pdf Annex E: VFM Statutory Guidanceapplication/pdf