Publication
Impact of PSR and other financial rules on ownership
An in-depth analysis of the Premier League’s PSR framework, its enforcement and its influence on club ownership, valuations and financial strategy.
United Kingdom | Publication | May 2025
The DWP has confirmed that primary legislation enabling the introduction of a default consolidator model for small DC pension pots (up to £1,000) will be included in the forthcoming Pension Schemes Bill expected before Parliament’s summer recess.
A report on the consolidation proposals, written by the Small Pots Delivery Group, has been published and includes recommendations on the design and implementation of a multiple default consolidator model, together with the Government's response to the 2023 consultation on “Ending the proliferation of small deferred pots”.
The report sets out some of the detail on how the small pots consolidator is expected to work:
After the Bill has received Royal Assent, the Government intends to consult on draft regulations implementing the default consolidator model in 2026, with elements of the legislation expected to come into force during 2027/28. Duties on pension schemes to transfer and consolidate eligible pots are likely to come into force on a staged approach from 2030.
While there is a great deal of work to do before small pot consolidators will be operational, eventual consolidation of small pensions pots should cut administrative costs for savers, make it easier to keep track of multiple small pensions and boost living standards in retirement.
Publication
An in-depth analysis of the Premier League’s PSR framework, its enforcement and its influence on club ownership, valuations and financial strategy.
Publication
Now in its sixth year, our annual English Premier League (EPL) football report, Keeping Possession, captures insights from our global sports law team on the key trends and topics shaping the landscape of English football.
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