This page will mainly be of interest to trustees and managers responsible for running a scheme. It focuses on evolving requirements for scheme administration, good governance, compliance and reporting.

Pensions Hub

FCA consults on proposals for targeted support for pensions

FCA consults on proposals for targeted support for pensions

On June 30, 2025, the Financial Conduct Authority published a consultation paper on its regulatory proposals for a new form of “targeted support” for consumers' pensions and retail investment decisions. The consultation ends on August 29, 2025.

United Kingdom | Publication | July 14, 2025
HMRC revises policy on VAT on DB investment management costs

HMRC revises policy on VAT on DB investment management costs

On June 18, 2025, HMRC published a brief confirming that employers can claim all the input VAT incurred on costs relating to the management of assets held in occupational pension funds (investment costs).

United Kingdom | Publication | July 14, 2025
Government consults on climate-related transition plans

Government consults on climate-related transition plans

On June 25, 2025, the Department for Energy Security and Net Zero published a consultation on options to take forward its climate-related transition plan “aligning with the 1.5°C goal of the Paris Agreement” for financial institutions including pension funds. The consultation period ends on September 17, 2025.

United Kingdom | Publication | July 14, 2025
Data (Use and Access) Bill receives Royal Assent

Data (Use and Access) Bill receives Royal Assent

The Data (Use and Access) Bill received Royal Assent on June 19, 2025.

United Kingdom | Publication | July 14, 2025
Pensions UK calls on government to abolish PPF administration levy

Pensions UK calls on government to abolish PPF administration levy

Pensions UK (formerly the PLSA) has called on the Government to abolish the PPF administration levy, in a press release on July 3, 2025.

United Kingdom | Publication | July 14, 2025
Pensions Regulator publishes final response to consultation on statement of strategy and launches new digital valuation submission

Pensions Regulator publishes final response to consultation on statement of strategy and launches new digital valuation submission

The Regulator has published the final response to its consultation on proposals to help trustees of DB schemes meet new requirements for submitting a statement of strategy.

United Kingdom | Publication | June 12, 2025
Pensions Regulator to launch new trusteeship strategy following introduction of Pension Schemes Bill

Pensions Regulator to launch new trusteeship strategy following introduction of Pension Schemes Bill

On June 5, 2025, the Regulator announced that it plans to launch a new strategy for trusteeship following the introduction of the Pension Schemes Bill to Parliament.

United Kingdom | Publication | June 12, 2025
DWP announces legislation plans to remedy Virgin Media uncertainty

DWP announces legislation plans to remedy Virgin Media uncertainty

On June 5, 2025, the DWP published a statement indicating that it plans to legislate to remedy uncertainty that has arisen following the Court of Appeal’s 2024 judgment in Virgin Media Ltd v NTL Pension Trustees II Ltd.

United Kingdom | Publication | June 12, 2025
HMRC publishes research on salary sacrifice arrangements for pensions

HMRC publishes research on salary sacrifice arrangements for pensions

On May 27, 2025, HMRC published research which aimed to understand the experiences, motivations, and attitudes of employers towards using salary sacrifice arrangements for pensions.

United Kingdom | Publication | June 12, 2025


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