A service from DG Publishing
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
Why we won’t see another pensions bill any time soon
The ink has barely dried on the finalised Pension Schemes Bill, but already attention is turning towards the next legislation that may hit the industry. Those hoping for more parliamentary action soon may be disappointed, writes Nick Reeve.
In Depth: How the Pension Schemes Act came to pass
As the ink dries on the Pension Schemes Act 2026, the industry is now preparing for the next stage: implementation. But how did we get here?
Pension Schemes Bill finalised: Industry hails ‘historic moment’ despite spectre of mandation
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.
Bill breakthrough as Lords accept final concessions on mandation power
BREAKING: The Pension Schemes Bill is set to become law after further concessions led to a late-night breakthrough over the controversial mandation policy.
Latest mandation amendment acknowledges government’s role in UK asset sourcing
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.
Pension Schemes Bill still in deadlock after Lords reject third version of mandation clause
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.
LGPS and the Pension Schemes Bill
LGPS contributions review promised after MPs reject Lords changes
MPs have voted against amendments from the House of Lords that would have brought in changes to how triennial valuations in the LGPS are handled, and allowed interim reviews of contribution rates.
More Pension Schemes Bill news
Peers urge rethink on scale test to preserve innovation and competition
Members of the House of Lords have warned that the legislation backing the scale test is too restrictive and could stifle innovation among DC providers.
Peers urge rethink on scale test to preserve innovation and competition
Members of the House of Lords have warned that the legislation backing the scale test is too restrictive and could stifle innovation among DC providers.
Lords push back on ‘poisonous’ mandation in Pension Schemes Bill debate
In a debate last night (20 April), peers voted to reject the government’s revised wording of the reserve power, despite attempts from Labour representatives to reassure opponents about the measures.
PPI widens lost pensions survey to include DB schemes as demand for tracing grows
The new study will track how the ‘lost pots’ landscape has changed, examining the number of missing pots, their value and age distribution, while also exploring the underlying causes and the implications for savers and policymakers.
What do voters really think of pension reform?
As the pensions industry prepares for major – and sometimes controversial – reforms, new research shows voters are split on mandation and unsure about the salary sacrifice cap.
More news from Pensions Expert
- Previous
- Next
Comment & Opinion
The Friday Takeaway: Beware the one-legged Trojan horse of mandation
By Nick Reeve
We can all breathe a sigh of relief that the Pension Schemes Bill is now an Act. But, as Pensions Expert editor Nick Reeve writes, we must not forget the risks lurking within the legislation.
The Friday Takeaway: Ping-pong and polling the public
By Nick Reeve
Legislative table tennis bats at the ready, it’s time for pensions policy ping-pong! Pensions Expert editor Nick Reeve dusts off his paddle and asks whether there are bigger problems to solve.
What a revised mandation power could mean for DC trustees
By Paul Ashcroft
With the Pension Schemes Bill returning to the House of Commons this week, Wedlake Bell partner Paul Ashcroft explores the potential impact of a revised mandation clause.
The Friday Takeaway: Preparing for parliamentary pension ping pong
By Nick Reeve
Pensions Expert editor Nick Reeve wonders whether the Pension Schemes Bill’s Royal Assent is close or whether it might be subjected to some legislative ‘whiff-whaff’.