Department for Work and Pensions


The contents of the Policy section are under review following the formation of a new UK Government

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Pensions Reform – 2010 onwards

The Pensions Act 2007

In July 2007 The Pensions Act legislated for the reforms to the State Pension system set out in "Security in Retirement: towards a new pensions system". The Act also created the Personal Accounts Delivery Authority to advise on the introduction of a new, simple, low cost pensions savings vehicle.

The Pensions Act 2008

In November 2008 the Pensions Act 2008 introduced measures aimed at encouraging greater private saving. This included a duty on employers to automatically enrol all eligible workers into a workplace pension scheme (provided they are not already in such a scheme) and provide a minimum contribution. Most of the measures in the Act will come into effect from 2012. The Act broadened the remit of the Personal Accounts Delivery Authority giving it powers to enable it to establish NEST (National Employment Savings Trust).

The Enabling Retirement Savings Programme

The Enabling Retirement Savings Programme is responsible for delivering the workplace pension reforms in the Pensions Act 2008. It is made up of the three bodies jointly responsible for delivering the reforms: DWP, the Pensions Regulator, and the Personal Accounts Delivery Authority.

Deregulatory Review

A rolling deregulatory review of private pensions legislation was announced in May 2006.

On 30 March 2010 we published an Information Note on Risk Sharing for employers considering making changes to Defined Benefit pension schemes.