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

Pensions Regulator updates 2026 scheme return questions for DB and hybrid schemes

Pensions Regulator updates 2026 scheme return questions for DB and hybrid schemes

The Regulator has updated the questions included in scheme returns for DB and hybrid pension schemes. Most schemes are obliged to submit annual returns to the Regulator.

United Kingdom | Publication | November 27, 2025
ICO consultation on data protection enforcement procedural guidance

ICO consultation on data protection enforcement procedural guidance

The Information Commissioner’s Office (ICO) has published a consultation paper on new guidance about the process it follows when carrying out investigations and taking enforcement action using its powers under the UK General Data Protection Regulation and the Data Protection Act 2018.

United Kingdom | Publication | November 27, 2025
PASA publishes new data quality guidance

PASA publishes new data quality guidance

The Pensions Administration Standards Association (PASA) has published two new pieces of guidance from its Data Working Group: the Six Data Quality Dimensions for Pension Scheme Member Data and the Data Improvement Plan Template.

United Kingdom | Publication | November 27, 2025
FSCS publishes update on 2025/26 compensation levy and 2026/27 forecast

FSCS publishes update on 2025/26 compensation levy and 2026/27 forecast

On November 12, 2025, the Financial Services Compensation Scheme (FSCS) published the November 2025 edition of its Outlook newsletter.

United Kingdom | Publication | November 27, 2025
PPF publishes consultation on 2026/27 levy

PPF publishes consultation on 2026/27 levy

The Pension Protection Fund has published its consultation on its plans for the 2026/27 levy, setting out its intention to maintain a zero levy for the UK’s approximately 5,000 conventional DB schemes. The consultation closes on January 5, 2026.

United Kingdom | Publication | November 27, 2025
Corporate trustees: Companies House updates guidance on non-compliance with ID verification requirements

Corporate trustees: Companies House updates guidance on non-compliance with ID verification requirements

Since November 18, 2025, new identification verification requirements have applied to company directors, including those of corporate pension trustees. Companies House has published updated guidance on its approach to enforcement of the new measures.

United Kingdom | Publication | November 27, 2025
Professional co-trustee held substantially liable for investment breaches due to insufficient due diligence

Professional co-trustee held substantially liable for investment breaches due to insufficient due diligence

The Pensions Ombudsman has upheld a complaint by a member trustee of a small self-administered scheme (SSAS) against the independent trustee for its failure to conduct sufficient due diligence on the scheme's investments.

United Kingdom | Publication | November 27, 2025
Pensions Regulator publishes market oversight report and consolidated guidance on data quality

Pensions Regulator publishes market oversight report and consolidated guidance on data quality

The Regulator’s latest market oversight report, published on November 18, 2025, reveals that some pension schemes still have work to do to get their member data ready for the launch of pensions dashboards next year.

United Kingdom | Publication | November 27, 2025
Court of Appeal upholds decision that an UURBS was a tax avoidance scheme

Court of Appeal upholds decision that an UURBS was a tax avoidance scheme

The Court of Appeal dismissed an appeal by two taxpayers against a decision of the Upper Tribunal, upholding a First-tier Tribunal decision, rejecting challenges to HMRC closure notices denying deductions for provisions in the appellants' accounts for an unfunded unapproved retirement benefit scheme (UURBS).

United Kingdom | Publication | November 27, 2025


Recent publications

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Publication

Global Asset Management Review: Issue 4

Welcome to the third issue of Global Asset Management Review.

Global | December 17, 2025

Funds and asset management

Publication

Tokenisation from pilot to practice: A UK manager’s guide to the FCA’s proposals

The Financial Conduct Authority’s (FCA) October 2025 Consultation, CP25/28 Progressing Fund Tokenisation, takes a clear step towards embedding distributed ledger technology (DLT) in the UK’s authorised fund regime.

United Kingdom | December 17, 2025

Financial services and regulation

Publication

The Australian regulatory focus on superannuation trustees: 5 practical implications for global asset managers

As at 30 June 2025, the Australian superannuation industry had AUD 4.3 trillion in assets under management, of which AUD 3 trillion was in APRA-regulated funds.

Global | December 17, 2025

Financial services and regulation
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