To ask the Secretary of State for Work and Pensions, when his Department plans to implement the Pension Protection Fund capping change set out in the Pension Act 2014.
28 January 2016
The Government is committed to the implementation of the Pension Protection Fund long service cap as described in the Pensions Act 2014.
Before the primary legislation can be brought into force, a number of changes need to be made to secondary legislation, so that it will operate as expected in all cases. Therefore we cannot, at this time, commit to a particular implementation date.