Tag: Pension Schemes Bill

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The Pension Schemes Act 2026 receives Royal Assent

Introduction The Pension Schemes Act 2026 (“the PSA26”) has received Royal Assent and will introduce a package of measures which are intended to modernise the pensions system, drive economic growth and improve retirement security....

PSB DB – new surplus powers

New powers under the Pension Schemes Bill will provide DB scheme trustees with greater flexibility “to safely release surplus” so as “to support employers’ investment plans and to benefit scheme members”. In this hot topic, we...

Pension Schemes Bill – DC measures

The Government’s aim for the future of workplace DC schemes is “fewer, bigger, better run schemes” that can “deliver better returns” and “boost investment in the UK”. In this hot topic, we look at how the Pension Schemes Bill...

“Mandation” in the Pension Schemes Bill: what do we know so far?

As promised, the government has included a reserve power in the Pension Schemes Bill that would allow it, in future, to set quantitative baseline asset allocation targets for some pension scheme investments: so-called “mandation”. This...