Houses of Parliament, London, House of Commons, UK, politics

Pension Schemes Bill

Catch up with all the latest news, comment and analysis from Pensions Expert related to the Pension Schemes Bill 2025 as it passes through parliament.

Latest on the Pension Schemes Bill

Value for money

FCA adds ‘dark green’ rating to VFM proposal in latest consultation

2026-01-08T16:47:00+00:00By

The regulator has stripped out some data points from its proposed value assessments and put forward a more nuanced four-point rating system for DC providers.

Houses of Parliament, London, House of Commons, UK, politics

Pension Schemes Bill mandation clause challenged again by peers

2026-01-07T16:46:00+00:00By

Members of the House of Lords have tabled a series of amendments to the Pension Schemes Bill challenging the government’s ‘mandation’ clause, in the latest challenge to the controversial power.

Big Ben, parliament

SPP, Stephenson Harwood bill amendment aims to clarify Virgin Media fix

2026-01-05T12:17:00+00:00By

Law firm Stephenson Harwood has successfully lobbied for a change to the Pension Schemes Bill to ensure wound-up sections of DB schemes are not inadvertently hit by the effect of the Virgin Media case ruling.

Journey options, planning, endgame

Outlook 2026: The changing face of DB endgame options

2025-12-22T09:18:00+00:00By

Defined benefit experts give their views on the challenges and opportunities presented by the Pension Schemes Bill and other industry developments.

Comment & Opinion

More Pension Schemes Bill news

Crowd, people

DC outlook: Scale, value, and adequacy are top of the agenda

2025-12-17T16:36:00+00:00By

With the Pension Schemes Bill set to reshape the defined contribution (DC) landscape over the next decade, Pensions Expert asked experts about the challenges and opportunities awaiting the sector in 2026.

Aviva logo

Aviva to support surplus sharing into DC master trust

2025-12-15T17:04:00+00:00By

Aviva’s £15bn defined contribution master trust has launched a service to make it easier for defined benefit trustees to use surplus assets to top up DC benefits.

Big Ben, UK parliament

Outlook 2026: Beyond the Pensions Schemes Bill – lawyers eye key developments

2025-12-15T10:00:00+00:00By

Pensions Expert quizzes lawyers to find out what they expect to be the key issues that trustees and pension professionals should look out for in 2026.

London, UK

Fiduciary duty to get legislative overhaul to boost UK allocations [updated]

2025-12-04T07:56:00+00:00By

Torsten Bell has indicated that the government will legislate to bring fiduciary duty onto a firm statutory base, in a move that could negate the need for the Pension Schemes Bill’s controversial mandation power.

Parliament - credit Adam Derewecki

Pension Schemes Bill: Highlights from the third reading in parliament

2025-12-04T06:00:00+00:00By

Pensions Expert selects key topics, quotes and themes from the third reading of the Pension Schemes Bill, which took place yesterday (3 December) in parliament.