7 Days is a weekly round up of developments in pensions, normally published on Monday mornings. We collate this information from key industry sources, such as the DWP, HMRC and TPR.

In this 7 Days

ICO guidance on international transfers

On 15 January 2026, the ICO published updated guidance on international transfers of personal information, intended to help organisations understand and comply with the transfer rules under the UK GDPR. The guidance sets out key requirements and data protection obligations in the context of international transfers, and includes a “three step test” for organisations to use to identify restricted transfers.

PPF answers FAQs on pre-1997 pension indexation

Announced in the Autumn Budget 2025, from January 2027, certain pre-1997 pensions in the PPF and FAS will benefit from CPI-linked increases, capped at 2.5% a year, where such benefits were provided under the rules of the original scheme. On 9 January 2026, the PPF published answers to the questions it has been most frequently asked regarding this change, which will be introduced under the Pension Schemes Bill. This includes that the PPF does not expect the change to impact levy plans.

The PPF expects to update the FAQs as the legislation and its implementation work develops.

SPP publishes practical guide to CDC pension schemes

On 15 January 2026, the SPP published a “practical guide” to CDC schemes. The guide covers single employer, multi-employer and Retirement CDC schemes, focusing on “real-world implementation”, including administration, cost management, and governance.  It aims to set out how these can be delivered “in a way that makes CDC accessible, resilient, and trustworthy for both employers and savers”.

TPR is currently consulting on an expanded and updated CDC code of practice. For more information on this and the development of CDC so far, please see our Alert.

TPR appoints Executive Director of Strategy, Policy and Analysis

On 15 January 2026, TPR announced the appointment of Richard Knox as its Executive Director of Strategy, Policy and Analysis, and as a member of the TPR Board, effective February 2026. TPR considers the appointment supports its “strategic transformation into a risk-based and outcome-focused regulator” and “marks a significant step” towards meeting the challenges of “a rapidly evolving pensions landscape”.

Draft GMP Increase Order 2026 published

The draft GMP Increase Order 2026 has been laid before Parliament. This Order specifies 3% as the percentage by which that part of GMPs attributable to earnings factors for the tax years 1988-89 to 1996-97 is to be increased from 6 April 2026.