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Bill breakthrough as Lords accept final concessions on mandation power

2026-04-29T04:00:00+01:00By

BREAKING: The Pension Schemes Bill is set to become law after further concessions led to a late-night breakthrough over the controversial mandation policy.

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Pension Schemes Bill finalised: Industry hails 'historic moment' despite spectre of mandation

2026-04-29T09:48:00+01:00By

The Pension Schemes Bill has been finalised after protracted debates between legislators, and will now move to receive Royal Assent. Pensions Expert  rounds up some of the industry reaction across the various elements of the new legislation.

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Latest mandation amendment acknowledges government’s role in UK asset sourcing

2026-04-28T11:14:00+01:00By

Pat McFadden, the work and pensions secretary, has put forward changes to part of clause 40 setting out what the government must do before implementing the reserve power to require specific asset allocations.

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Pricing remains key for schemes considering bulk annuities

2026-04-28T10:57:00+01:00By

Research from Standard Life shows how priorities vary depending on the size of the scheme, but the pricing of bulk annuities remains the key determining factor for most trustee boards.

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Pension Schemes Bill still in deadlock after Lords reject third version of mandation clause

2026-04-28T05:30:00+01:00By

Late last night, peers voted against amendments tabled by the House of Commons earlier in the evening that proposed further limitations on the mandation power, and repeated calls for the clause to be removed altogether.

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DC power brokers: Small group of decision-makers overseeing £160bn

2026-04-28T01:30:00+01:00By

New research says the growth of pension ‘megafunds’ is concentrating power in the hands of a small group of trustees, raising questions over accountability, innovation and member voice. 

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Video: Shadow pensions minister Helen Whately on mandation

Ahead of a vote in the House of Lords on the Pension Schemes Bill, Conservative MP Helen Whately spoke on her party’s opposition to the mandation power for a special episode of the Always a Pensions Angle podcast.

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Appointments: Promotions at XPS and Trafalgar House

2026-04-24T12:50:00+01:00

The latest hires, promotions and appointments for the week ending 24 April 2026.

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Northern LGPS names chief exec and chair as part of ‘Fit for the Future’ work

2026-04-23T10:07:00+01:00

Northern LGPS has announced the appointment of Elizabeth Renshaw-Ames as its chair and Paras Anand as its first chief executive, responsible for leading the LGPS asset pool.

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Emma Douglas confirmed as new chair of the Pensions Regulator

2026-04-21T15:51:00+01:00

Outgoing Pensions UK chair Emma Douglas has been confirmed as the new chair of the Pensions Regulator, the Department for Work and Pensions announced today.

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Appointments: New face on BT trustee board; WTW strengthens DC team

2026-04-17T13:29:00+01:00

The latest hires, promotions and appointments for the week ending 17 April 2026.

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