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Pension Schemes Act 2021 (2021 c 1)

The Pension Schemes Act 2021 introduces significant reforms designed to enhance protections for pension savers and increase the overall transparency of pension schemes. Key highlights include the establishment of new regulatory powers for The Pensions Regulator, intended to combat unscrupulous behaviour and safeguard pension benefits. The Act also mandates pension schemes to provide detailed climate change risk reports to align with environmental policies. Moreover, it facilitates the creation of collective money purchase schemes (commonly known as collective defined contribution schemes), aiming to diversify retirement income options and improve outcomes for members through risk-sharing.

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UUÂãÁÄÖ±²¥ traffic light system shows the status of legislation and cases so you are always using up-to-date law while historical versioning and legislative timelines lets you see exactly what has changed in legislation over time.

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Pension Schemes Act 2021 (2021 c 1)

The Pension Schemes Act 2021 introduces significant reforms designed to enhance protections for pension savers and increase the overall transparency of pension schemes. Key highlights include the establishment of new regulatory powers for The Pensions Regulator, intended to combat unscrupulous behaviour and safeguard pension benefits. The Act also mandates pension schemes to provide detailed climate change risk reports to align with environmental policies. Moreover, it facilitates the creation of collective money purchase schemes (commonly known as collective defined contribution schemes), aiming to diversify retirement income options and improve outcomes for members through risk-sharing.

Quick and comprehensive access to the most accurate, up-to-date legislation.

UUÂãÁÄÖ±²¥ traffic light system shows the status of legislation and cases so you are always using up-to-date law while historical versioning and legislative timelines lets you see exactly what has changed in legislation over time.

TAKE A FREE TRIAL

Pension Schemes Act 2021 (2021 c 1)

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