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

HMRC’s Pension schemes newsletter no 166 confirms plan to improve tax code system

HMRC’s Pension schemes newsletter no 166 confirms plan to improve tax code system6

One of the items in the latest Pension Schemes Newsletter confirms improvements to the system for tax coding in paying private pensions with effect from April 2025.

United Kingdom | Publication | January 28, 2025
Auto-enrolment earnings trigger and qualifying earnings band: No change for 2025/26

Auto-enrolment earnings trigger and qualifying earnings band: No change for 2025/26

On January 21, 2025, the Department for Work and Pensions published an analysis paper supporting the conclusions of the annual review of the auto-enrolment thresholds as above.

United Kingdom | Publication | January 28, 2025
UK Pensions Briefing | New Pensions Ombudsman streamlined decision-making process | January 2025

UK Pensions Briefing | New Pensions Ombudsman streamlined decision-making process | January 2025

The Pensions Ombudsman has rolled out some significant changes to its decision-making process following a root and branch review of its operating model. The result should be faster decisions, with ill-conceived complaints turned away much earlier in the process. However it will also impact trustees’ and employers’ processes too. The Ombudsman is expecting greater proactivity to settle complaints, and faster responses when an investigation starts.

United Kingdom | Publication | January 21, 2025
Pensions Ombudsman publishes Operating Model Review document

Pensions Ombudsman publishes Operating Model Review document

On December 18, 2024, the Pensions Ombudsman published an update on progress over the last year, together with an update on the Operating Model Review. Our January briefing will examine in detail, the Ombudsman’s streamlined decision-making process.

United Kingdom | Publication | January 14, 2025
Pensions Regulator updates its initial dashboards guidance

Pensions Regulator updates its initial dashboards guidance

On December 17, 2024, the Pensions Regulator updated its Pensions dashboards: initial guidance to include some changes to the way schemes and employers should manage the dashboards process.

United Kingdom | Publication | January 14, 2025
Virgin Media case: Further joint statement issued by industry working group

Virgin Media case: Further joint statement issued by industry working group

On December 17, 2024, a further joint statement was published about the potential impact of the Court of Appeal decision in the Virgin Media case which stated that certain contracted-out pension rights encompassed those relating to future service as well as past service.

United Kingdom | Publication | January 14, 2025
Pensions Regulator releases report on occupational DB landscape in UK for 2024

Pensions Regulator releases report on occupational DB landscape in UK for 2024

The Regulator has published its annual statistics report on the occupational DB landscape for 2024, which sets out a summary of the UK’s DB and hybrid scheme environment, detailing scheme status, membership numbers and assets under management.

United Kingdom | Publication | December 19, 2024
HMRC pension schemes newsletter 165: tax treatment confirmed for payments to bankruptcy trustees and tax-free lump sums paid back into pension schemes

HMRC pension schemes newsletter 165: tax treatment confirmed for payments to bankruptcy trustees and tax-free lump sums paid back into pension schemes

HMRC's latest pension schemes newsletter was published on December 5, 2024, and confirms procedural points regarding payment of lump sums, accessed in anticipation of the Autumn 2024 Budget, and clarifies the tax treatment of pension payments to trustees in bankruptcy.

United Kingdom | Publication | December 19, 2024
Dashboards update: webinars hosted by Pensions Regulator and Money and Pensions Service

Dashboards update: webinars hosted by Pensions Regulator and Money and Pensions Service

The Regulator has provided a link to its dashboard webinar held on November 26, 2024, which it urges scheme trustees to watch. The Money and Pensions Service also collaborated with the Pensions Dashboard Programme to host a “town hall” dashboard event on December 2, 2024.

United Kingdom | Publication | December 19, 2024


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