Impact assessment opinion: Minimum Governance Standards for DC workplace pensions, including the establishment of Independent Governance Committees for contact-based schemes
Evaluation of the DWP impact assessment for Minimum Governance Standards for DC workplace pensions, including the establishment of Independent Governance Committees for contact-based schemes
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The Regulatory Policy Committee (RPC) gives independent advice to government on the quality of analysis supporting new regulations.
Following scrutiny of an impact assessment (IA) carried out prior to a regulatory proposal, the RPC provides an ‘opinion’ on the quality of analysis and evidence presented in the IA. This opinion then informs the decisions of ministers as to whether they proceed or not with the proposal.