questionText: To ask the Secretary of State for Work and Pensions, what assessment her Department has made of the adequacy of (a) regulatory oversight and (b) consumer protection for Small Self-Administered Schemes (SSAS); and if she will take steps to (i) improve regulatory oversight of SSAS trustees and (ii) ensure that people who have suffered losses relating to SSAS are able to access compensation.
answerText: DWP officials work closely with The Pensions Regulator (TPR) to ensure people’s pension savings are protected and that the regulatory regime remains fit for purpose in a changing pensions landscape.A Small Self-Administered Scheme (SSAS) is an occupationa...
heading: Small Businesses: Pensions