Trackers

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Legislation tracker

The Lexis+® UK Pensions legislation tracker sets out details of:

  1. •

    forthcoming legislation

  2. •

    legislation recently in force

The legislation tracker can be accessed here.

There is also a Practice Note providing a summary of the provisions of the Pension Schemes Bill (PSB) and tracking the progress of the PSB through the parliamentary process (including any amendments made to the PSB). Moreover, the Practice Note provides an overview of the topics covered by the PSB, the relevant clause and/or Schedule details, a brief overview of the relevant provisions and whether further consultation and/or secondary legislation will be required.

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Latest Pensions News

DWP policy paper sets out direction for DC scale measure reforms ahead of consultation

The Department for Work and Pensions (DWP) has published a paper setting out its policy principles on scale measures, which are part of the wide ranging reforms introduced in the Pension Schemes Bill designed to encourage the consolidation of smaller defined contribution (DC) pension schemes into fewer, larger multi-employer DC schemes in order to improve efficiency, governance and long-term value for members. The policy paper is intended to signal the government’s direction of travel on the scale measures reforms ahead of detailed consultation on regulations to follow the Pension Schemes Bill’s royal assent. While the paper outlines the DWP’s trajectory in this area, it also clarifies that it does not replace formal consultation nor pre-empt the final regulatory framework.

TPR publishes guidance on scale requirements and transition pathways for DC master trusts

The Pensions Regulator (TPR) has published a statement explaining how defined contribution (DC) master trusts should prepare for the new scale requirements proposed in the Pension Schemes Bill. TPR set out how trustees, employers and advisers should assess future growth, produce evidence‑based projections, and review operational readiness. The statement expands on the Department for Work and Pensions’ (DWP) policy principles and clarifies the implications of the scale thresholds for automatic enrolment compliance.

SMF paper calls for pensions regulatory overhaul following Pension Schemes Bill 2025

The Social Market Foundation (SMF) has published a paper on pensions governance and regulation, Trustee as Sovereign: A pensions governance and regulatory framework fit for 2035, authored by Michael Johnson. The paper examines the Pension Schemes Bill 2025 and supports its core objectives, including consolidation of defined contribution (DC) workplace schemes, the introduction of retirement income defaults and the development of a value for money (VfM) framework. It anticipates that consolidation could reduce the market to a small number of large ‘megatrust’ providers by the mid-2030s and argues that the governance and regulatory framework must evolve to reflect this shift.

Pensions weekly highlights—5 March 2026

This week's edition of Pensions weekly highlights includes a review of key news stories, as well as dates for your diary and trackers.

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