Consultation response: Department for Work and Pensions: Employer Debt (s75 of the Pensions Act 1995)

Document description

The response welcomes the proposed Flexible Apportionment Arrangement (FAA). The response points out that with the addition of the FAA, there would be a large number of options available on ceasing to participate and that the DWP may therefore wish to review whether all of the other options remain necessary once the FAA option is in force. The response questions whether a period of grace of up to 36 months is needed and expresses disappointment with the lack of any additional clarity on the outstanding issues with regard to the Debt Regulations.