Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 5 of 5 results for "Pension Schemes Bill"

Major UK pension reforms passed

JAMIE WILLIAMSON  |  THURSDAY, 30 APR 2026
... delivering value for money or face consolidation and enables automatic merging of multiple pension pots. The Pension Schemes Bill was passed into law on Wednesday, which will kickstart one of the most major reform packages seen in the UK's pension system. ...

Global pension assets near $90tn: Research

MATTHEW WAI  |  TUESDAY, 10 FEB 2026
... driving major reform, including default retirement pathways and small-pot consolidation to be included in the Pension Schemes Bill, to provide better retirement outcomes, and noted that Australia is moving in a "similar direction." "Policymakers are ...

UK treasury provides guidance on local pension consolidation

MATT TOLEDO  |  FRIDAY, 30 MAY 2025
... $1.6 trillion (£800bn) in managed assets by 2030. The pension consolidation will become law through the Pension Schemes Bill, expected to be introduced this summer. The deadline for local government pension scheme asset pooling is March 2026. According ...

UK to follow Australia's lead in creating megafunds

JAMIE WILLIAMSON  |  THURSDAY, 14 NOV 2024
... will be consolidated and their assets pooled to create megafunds. The UK government plans to introduce a new Pension Schemes Bill next year to create megafunds that mirror those operating in Australia and Canada. By doing so, it's anticipated some $156 ...

UK announces new Pension Schemes Bill

JAMIE WILLIAMSON  |  THURSDAY, 18 JUL 2024
... schemes and mandate them to offer retirement products, as it looks to ensure Brits retire with more. A new Pension Schemes Bill, announced in a speech by King Charles overnight, aims to improve the retirement outcomes of the more than 15 million Britons ...
PAGE:
1