The Society of Pension Professionals (SPP) has published a paper in response to speculation that the government may consider reforming or abolishing salary sacrifice arrangements for pension contributions. The paper follows research commissioned by HM Revenue & Customs (HMRC) earlier this year and comes ahead of the November 2025 Budget.The Society of Pension Professionals (SPP) has published a paper in response to speculation that the government may consider reforming or abolishing salary sacrifice arrangements for pension contributions. The paper follows research commissioned by HM Revenue & Customs (HMRC) earlier this year and comes ahead of the November 2025 Budget.

The Society of Pension Professionals (SPP) has published a paper, ‘Solving the UK Investment Puzzle’, acknowledging the need for increased pension scheme investment in Productive Finance assets and the concerns being raised by some that this could have potentially negative consequences if not carefully implemented. The paper identifies the barriers to success, which include the lack of a consistent definition of either ‘UK investment’ or ‘Productive Finance’ as well as detailing possible solutions in relation to defined benefit schemes, local government pension schemes and defined contribution schemes. Additional solutions highlighted in the paper include tax incentives, a productive finance gilt, and the utilisation of collective defined contribution pension schemes.

The Society of Pension Professionals (SPP) has published a paper titled ‘From Concept to Practice: A practical guide to CDC pension schemes’, which examines the practical considerations involved in implementing Collective Defined Contribution (CDC) pension schemes within the UK pensions industry. The guide provides insights into administration, cost management and governance, with the aim of making CDC schemes accessible, resilient and trustworthy for employers and savers.

Law360: The Society of Pension Professionals (SPP) launched a guide on the implementation of the new defined benefit (DB) funding code on 15 August 2024 which it said would help trustees, actuaries and consultants with better understanding of what's now required.

The Society of Pension Professionals (SPP) has published a practical guide to ESG (Environment, Social & Governance) requirements for pension trustees when engaging with asset managers. The guide was released on 19 June 2024. The aim of the guide is to remove uncertainty about ESG obligations and to raise awareness of this area of pensions law.

The Society of Pension Professionals (SPP) has submitted its response to the Department for Work and Pensions' consultation on Retirement Collective Defined Contribution (CDC) pension schemes. The SPP supports the introduction of marketing restrictions for trustees while ensuring that accurate factual information is still shared. It also endorses a 'cohorting' approach as a means to retain the schemes' attractiveness and backs the implementation of charge caps in light of the anticipated provider concentration.

Law360: Improving the clarity of communication and language used for savers in the pensions sector would improve accessibility for neurodiverse adults, the Society of Pension Professionals (SPP) said.

Law360: Almost 90% of organisations in the pensions industry already use artificial intelligence (AI) at work, according to a survey published 17 March 2025 by the Society of Pension Professionals (SPP), signaling a broad integration of AI in the UK pensions sector.

Law360, The government must urgently overhaul its traffic light system for pension transfers, the Society of Pension Professionals (SPP) said, warning that the rules as drafted are too vague and cause major delays.

The Society of Pension Professionals (SPP) published a paper, ‘Past Lessons, Future Gains: Examining the case for DB and CDC pension schemes in the modern pensions landscape’, on 25 September 2025 setting out policy ideas for strengthening UK retirement provision in line with the Pensions Commission’s current exploration of pensions adequacy. SPP warns that decades of decline in defined benefit (DB) provision have created a widening gap between those with guaranteed pensions and those without, risking a future adequacy crisis. While acknowledging the success of automatic enrolment (AE) in building defined contribution (DC) savings, the SPP argues that DC alone cannot meet the challenge. It calls on government to ensure a regulatory and tax framework that enables DB and collective defined contribution (CDC) schemes to thrive, offering secure and sustainable outcomes for members and broader economic benefits.

Law360: A UK pension industry body has called for new reporting regulations on the sector to be toned down, warning that the additional red tape could deter smaller schemes from taking steps to improve their investment strategies.

Law360: UK government plans to impose public disclosures on pension funds would increase the burden on the industry and harm savers by encouraging investment in low-return businesses, according to an industry paper published on 1 May 2024.