Louise Haigh – 2015 Parliamentary Question to the Department for Work and Pensions

The below Parliamentary question was asked by Louise Haigh on 2015-12-10.

To ask the Secretary of State for Work and Pensions, how agreement was sought on how to amend the investment regulations as recommended in the report by the Law Commission, Fiduciary Duties of Investment Intermediaries, published in June 2014.

Justin Tomlinson

Between February and April 2015, the Government consulted on amending the Occupational Pension Schemes (Investment) Regulations in line with the Law Commission’s recommendations. 47 responses were received, from a variety of organisations. While these responses demonstrated some support for changing the regulations, having considered the range of responses the Government concluded that there was not a compelling case to amend these regulations.