Ros Altmann’s response to TPR’s DB funding code consultation.

db code

I have asked for responses to the Pension Regulator’s consultation questions and Ros Altmann has obliged. If you have submitted a response and would like your replies to be publicized in a similar way, I would be delighted to assist.

Clearly as a member of the House of Lords and former Pension Minister, Ros’ replies will be of particular public interest .  I have split them into two slideshows for ease of viewing.

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Please forward your consultation responses in word or PDF to henry@agewage.com.

Ros Altmann new

Ros Altmann

 

About henry tapper

Founder of the Pension PlayPen,, partner of Stella, father of Olly . I am the Pension Plowman
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1 Response to Ros Altmann’s response to TPR’s DB funding code consultation.

  1. George Kirrin says:

    TPR’s consultation seems to be nearly all about “Fast Track”, since Bespoke only appears in the last few questions, and there only seem to be four questions out of 57 or 58 on “open schemes”. Thanks for adding a pause button, Henry, as the answers were certainly tracking too fast for these old eyes.

    The original consultation document claims that the TPR consultation complies with the Cabinet Office’s consultation principles last updated in March 2018. A similar claim is made by the DWP regarding their current consultation on climate change governance and disclosure.

    The very first Cabinet Office principle is that “consultations should be clear and concise …. easy to understand and easy to answer …. Avoid lengthy documents when possible ….”. Does TPR’s consultation really live up to that?

    As for the DWP consultation, which was launched on 26 August before schools in England & Wales re-opened, and which closes only five weeks later on 7 October, does that really comply with Cabinet Office principle E, that “consultations should last for a proportionate amount of time …. Consulting too quickly will not give enough time for consideration and will reduce the quality of responses”?

    Act in haste, repent at leisure.

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