A significant Pension Schemes Bill, which is in the last stages of Parliamentary scrutiny, will bring changes to many areas of pensions legislation. It is likely to receive Royal Assent by the end of 2020.

First introduced in October 2019 before being reintroduced in January following the general election, the Bill brings together the Government’s proposals from the White Paper, ‘Protecting Defined Benefit Pension Schemes’ (published in March 2018), the 2018 Budget, and various subsequent consultations.

Download our full publication for an overview of what the Bill contains, what's missing and what's next, including a summary of:

• Collective money purchase (CMP) schemes
• The Pensions Regulator’s new powers
• New civil and criminal fines in relation to DB schemes
• Pensions dashboards
• DB scheme funding
• Restrictions on transfer rights
• PPF compensation
• Climate change risk reporting

Download our full summary here