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HMRC publishes pension schemes newsletter 174
United Kingdom | Publication | November 2025
The most recent pension schemes newsletter was published on October 30, 2025. It includes information on the prohibition on returning tax free lump sums withdrawn from schemes ahead of the 2025 Budget, as well as a reminder that pension scheme administrators must be UK resident from April 6, 2026.
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European Parliament votes to adopt Omnibus proposal amending CSRD and CS3D
On 13 November 2025, the European Parliament adopted (subject to certain amendments) the substantive Omnibus Directive which was proposed by the European Commission on 26 February 2025 (see our previous briefing here). The Omnibus proposal has now been referred to the Committee of Legal Affairs to proceed to the trilogue negotiations.
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