Incentive Exercises for Pensions : A Code of Good Practice
12 July 2012 A Code of Practice (produced by a broad industry Working Group with Government support: www.incentiveexercises.org.uk) has been released on Incentive Exercises for Pensions. Whilst the Code is voluntary in nature the Minister of Pensions, Steve Webb, has stated that he “expects all employers to voluntarily follow the Code” but does not rule out future legislation in this area though it is hoped that this is not necessary.