Commenting on the DWP Consultation outcome ‘Government response: Simpler annual pension benefit statements’ Kirsty Moffat, Head of DCC Engagement, says:

"We welcome the Government's response to this consultation, in particular the delay of the introduction of simpler annual benefit statements until October 2022. This will allow schemes more time to adopt the requirements ensuring quality and establishing efficiencies. We are supportive of the two-page benefit statements and the implicit advantages for members, but maintain that they should be rolled out to all DC schemes rather than only to those used for Auto Enrolment purposes."