We focus here on what’s important for money purchase schemes, including DC master trusts, GPPs and self-invested pension plans

Pensions Hub

Pensions measures in the November 2025 Budget

Pensions measures in the November 2025 Budget

The Chancellor delivered her Budget on November 26, 2025. As extensively trailed before the Budget speech, salary sacrifice contributions exempt from National Insurance Contributions (NICs) will be capped at £2,000 of salary per annum but this is not due to come into force before April 6, 2029. Several other pensions measures are included in the Budget document, entitled Strong Foundations, Secure Future.

United Kingdom | Publication | December 17, 2025
Future consultation planned on £30,000 transfer advice threshold

Future consultation planned on £30,000 transfer advice threshold

Pensions Minister, Torsten Bell, has confirmed that the DWP intends to consult on the £30,000 threshold level that currently applies for DB scheme members to seek transfer advice.

United Kingdom | Publication | November 13, 2025
UK Pensions briefing | Government gives the green light to major collective DC expansion

UK Pensions briefing | Government gives the green light to major collective DC expansion

The Government has published a response to its October 2024 consultation on the extension of the collective defined contribution (CDC) scheme regime to unconnected employers.

United Kingdom | Publication | November 10, 2025
Collective Defined Contribution (CDC) Scheme developments

Collective Defined Contribution (CDC) Scheme developments

The DWP has published a press release and response to its October 2024 consultation on draft regulations extending collective defined contribution (CDC) provision to non-associated multi-employer schemes.

United Kingdom | Publication | October 30, 2025
Pensions UK publishes small pots feasibility review

Pensions UK publishes small pots feasibility review

Pensions UK has published the small pots digital systems feasibility review which was commissioned by the DWP to assess whether the Small Pots Data Platform can be delivered to support the Government’s multiple default consolidator model.

United Kingdom | Publication | September 26, 2025
“Pay your pension some attention”: New campaign encourages pension fitness

“Pay your pension some attention”: New campaign encourages pension fitness

Pensions UK and the Association of British Insurers have launched the fourth of their annual campaigns reminding pension savers to pay attention to their retirement funds.

United Kingdom | Publication | September 26, 2025
Budget announced for November 26, 2025

Budget announced for November 26, 2025

The 2025 Budget date has been announced: Wednesday November 26. As pensions seem to be considered low-hanging fruit for the Treasury, there are some changes that could be on the cards.

United Kingdom | Publication | September 15, 2025
Multiple amendments published to Pension Schemes Bill

Multiple amendments published to Pension Schemes Bill

On September 1, 2025, a lengthy paper was published detailing over 200 proposed amendments to the Pension Schemes Bill. The changes are currently being considered at the committee stage where the line by line reading of the Bill began the following day and is due to conclude on October 23, 2025.

United Kingdom | Publication | September 15, 2025
FCA findings from multi-firm review of life insurers' pension transfer process

FCA findings from multi-firm review of life insurers' pension transfer process

The FCA published its findings following a multi-firm review of life insurers' pension transfer processes.

United Kingdom | Publication | August 26, 2025

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

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