What’s happening on scheme investments, including climate change, other environmental, social and governance (ESG) issues, stewardship, voting and reporting. This will mainly be of interest to trustees and fund managers.

Pensions Hub

DWP publishes its consultation response on the DB Funding and Investment Regulations

On January 29, 2024, the DWP published its long-awaited consultation response to the 2022 consultation on the Occupational Pension Scheme (Funding and Investment Strategy and Amendment) Regulations 2024, together with the final draft version of the Regulations.

United Kingdom | Publication | February 13, 2024
Pensions Regulator includes additional questions on liquidity and leverage arrangements on DB and hybrid scheme return

Pensions Regulator includes additional questions on liquidity and leverage arrangements on DB and hybrid scheme return

The Regulator has updated the questions in the DB and hybrid scheme return for defined benefit and hybrid pension schemes.

United Kingdom | Publication | January 29, 2024
Regulator publishes private markets guidance for schemes

Regulator publishes private markets guidance for schemes

On January 24, 2024, the Regulator published new guidance for trustees of schemes investing in private markets.

United Kingdom | Publication | January 29, 2024
PPF publishes final rules for 2024/25 levy year

PPF publishes final rules for 2024/25 levy year

On December 14, 2023, the PPF published its final levy rules for 2024/25 following its consultation in September.

United Kingdom | Publication | January 15, 2024
Government responds to 2022 consultation on VAT treatment of fund management services

Government responds to 2022 consultation on VAT treatment of fund management services

On December 14, 2023, in a written statement, the Financial Secretary to the Treasury published HMRC's summary of responses to its technical consultation on the VAT treatment of fund management services. This is mainly of interest for DC schemes.

United Kingdom | Publication | January 15, 2024
Regulator blogs on the benefits for savers of pension changes and developments in DB investments

Regulator blogs on the benefits for savers of pension changes and developments in DB investments

On November 24, 2023, the Regulator published a blog Change is coming – we must grasp this opportunity in savers’ interests in which Nausicaa Delfas wrote that pensions are at a moment of significant change, and that the industry is on a journey towards fewer, larger, well-run pension schemes.

United Kingdom | Publication | December 18, 2023
Government responds to WPC inquiry on use of LDI in DB schemes

Government responds to WPC inquiry on use of LDI in DB schemes

On November 20, 2023, the Work and Pensions Committee published the Government's response to its report on DB pension schemes with liability driven investments (LDI) following its June 2023 report.

United Kingdom | Publication | December 18, 2023
The DB Funding Code and Funding Regulations – Regulator comments on timing

The DB Funding Code and Funding Regulations – Regulator comments on timing

For some time, the Regulator has been working with the DWP on updating the draft Occupational Pension Schemes (Funding and Investment Strategy and Amendment) Regulations 2023.

United Kingdom | Publication | December 18, 2023
FCA and HM Treasury consult on closing “advice gap” as part of advice guidance boundary review

FCA and HM Treasury consult on closing “advice gap” as part of advice guidance boundary review

On December 8, 2023, the FCA and HM Treasury published a joint discussion paper setting out proposals to help people make more informed investment and pensions decisions. The proposals form part of the joint advice guidance boundary review.

United Kingdom | Publication | December 18, 2023


Recent publications

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.

United Kingdom | April 09, 2025

Financial institutions

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.

United Kingdom | April 09, 2025

Financial institutions

Publication

Pensions Regulator announces its oversight of professional trustees

On April 2, 2025, Nausicaa Delfas, chief executive at the Regulator, announced a new framework for professional trustee oversight in a speech at the Trades Union Congress pensions conference.

United Kingdom | April 09, 2025

Financial institutions
Site search

Subscribe and stay up to date with the latest legal news, information and events . . .

Register now