As the ink dries on the Pension Schemes Act 2026, the industry is now preparing for the next stage: implementation. But how did we get here?
From defined contribution (DC) small pot consolidation to Value for Money, to pooling changes for the Local Government Pension Scheme, to scale requirements for master trusts, to defined benefit (DB) superfunds – the new legislation has something for everyone.
The emphasis is now shifting to regulators to begin work on the consultations and secondary legislation necessary to implement these measures. As this happens, Pensions Expert has looked back on the past few years to pick out some of the key moments that have led to the Pension Schemes Act.
