Deregulatory Review
The Government wants to support and strengthen existing high quality occupational pension provision and in Security in retirement: towards a new pensions system it announced a rolling deregulatory review of private pensions legislation.
The aim of the review is to make the private pensions regulatory framework simpler. It will seek to recommend changes for the future that will make running schemes easier, lighten regulation and reduce bureaucracy and cost. It will consider a range of measures affecting both administrative costs and the costs of provision.
The review is examining the regulation of private pensions, drawing on proposals from stakeholders taking account of the balance between protecting members and encouraging employer provision of pensions and having regard to legal and other constraints.
A consultation on risk sharing (2MB) 
was published on 5 June 2008