Our policy work
In addition to our reports and consultation responses, the NAPF also seeks to influence pensions policy through surveys of member opinion, speeches by our senior leaders and media articles and interviews.
How we make a difference
Thanks to NAPF lobbying, the Government has abandoned the previous governments' harmful tax charges.
Our lobbying has ensured that the impact of Personal Accounts and auto-enrolment on employers will be minimised, and persuaded Government to skew gilt issuance in favour of occupational pensions.
We are co-ordinating legal action against HM Revenue and Customs to exempt from VAT investment management services to pension schemes. If successful, schemes could gain around £300m in repaid VAT.
We successfully lobbied against extending EU Solvency rules to pension funds, which would have increased scheme costs by around 50 per cent.