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

Pension Protection Fund publishes Annual Report and Accounts for 2024/25

Pension Protection Fund publishes Annual Report and Accounts for 2024/25

The PPF has published its annual report and accounts for the period April 1, 2024, to March 31, 2025. Over that period, the PPF's assets under management decreased from £32.1bn to £31.2bn while the value of its actuarial liabilities also decreased from £19bn to £17bn.

United Kingdom | Publication | July 28, 2025
Pensions Regulator publishes Corporate Plan update along with Annual Report and Accounts

Pensions Regulator publishes Corporate Plan update along with Annual Report and Accounts

The Regulator published its year two update to its three year corporate plan for 2024-27, together with its annual report and accounts for 2024-25, on July 17, 2025.

United Kingdom | Publication | July 28, 2025
Dashboards updates from MoneyHelper and PASA

Dashboards updates from MoneyHelper and PASA

On July 9, 2025, the Pensions Dashboards Programme issued an update on the non-commercial MoneyHelper website confirming that 20m pension records have now been connected to the dashboards ecosystem, with the state pension also having completed ‘technical connection’.

United Kingdom | Publication | July 28, 2025
Pensions Dashboards Programme publishes blog and guidance on voluntary connection

Pensions Dashboards Programme publishes blog and guidance on voluntary connection

The Pensions Dashboards Programme has published a blog inviting feedback on the process for voluntary connection to the pensions dashboards ecosystem.

United Kingdom | Publication | July 28, 2025
PASA publishes new De-risking Jargon Buster

PASA publishes new De-risking Jargon Buster

On July 14, 2025, PASA published its new De-risking Jargon Buster.

United Kingdom | Publication | July 28, 2025
Government responds to the consultation on IHT on unused pensions

Government responds to the consultation on IHT on unused pensions

On July 21, 2025, HMRC published the Government’s response on IHT on unused pension funds.

United Kingdom | Publication | July 28, 2025
HM Treasury publishes policy note and draft Order on new regulated activity of targeted support

HM Treasury publishes policy note and draft Order on new regulated activity of targeted support

On July 15, 2025, HM Treasury published a policy paper on and proposed amendments in a draft Order to create a new specified activity of targeted support.

United Kingdom | Publication | July 28, 2025
Regulator launches outreach exercise targeting largest occupational trust-based schemes in scope for dashboards

Regulator launches outreach exercise targeting largest occupational trust-based schemes in scope for dashboards

The Regulator is targeting schemes with over 100,000 active and deferred memberships to understand the progress they are making with their dashboard data preparations.

United Kingdom | Publication | July 28, 2025
Regulations implementing long-term pension fund clearing exemption come into force

Regulations implementing long-term pension fund clearing exemption come into force

The Pension Fund Clearing Obligation Exemption (Amendment) Regulations 2025 were made on June 10, 2025, and came into effect the following day.

United Kingdom | Publication | July 14, 2025


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Lesley Browning
Partner
Email
lesley.browning@nortonrosefulbright.com
T: +44 20 7444 2448 / +44 77 1030 3311
Shane O'Reilly
Shane O'Reilly
Partner
Email
shane.o'reilly@nortonrosefulbright.com
T: +44 (20) 74443895

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