Publication
Finance Act 2025 receives Royal Assent
The Finance Act 2025, bringing into force measures announced in the October 30, 2024, Budget, has now come into force.
PDP updates draft code of connection
United Kingdom | Publication | September 2024
The Pensions Dashboards Programme has published version 1.1 of its draft code of connection which sets out how pension providers and schemes are to connect to the dashboards ecosystem, and what they need to do to remain connected.
The dashboard system will eventually enable millions of savers to connect with multiple schemes from various providers and pension providers have until October 31, 2026, to connect to the system.
All Pensions Dashboards Standards are published as “draft” until approved by the Secretary of State. The code of connection details the mandatory requirements that must be met, as well as the recommended ways in which participants should implement them.
The code of connection will combine the required security and operational standards, which ecosystem participants will have to adhere to. It will provide a standard of expected behaviour to protect all ecosystem participants.
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Recent publications
Publication
HMRC publishes Pension schemes newsletter no 168
In addition to information for scheme administrators, the newsletter includes a reminder that following the abolition of the lifetime allowance from April 2024, applications for fixed protection 2016 and individual protection 2026 must be made by April 5, 2025.
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