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Pensions Radar is a quarterly listing of expected future changes in UK law affecting work-based pension schemes.
Legislative and regulatory developments
The following are forthcoming developments with known or expected dates:
Ongoing and recurring events
The following are events that are ongoing or recurring:
|
ONGOING AND RECURRING EVENT |
KEY DATE |
|---|---|
Automatic re-enrolmentEvery three years, an employer must carry out an exercise to re-enrol, into an automatic enrolment scheme, eligible jobholders who opted out after they were automatically enrolled. This duty first arises three years from the employer's staging date, when automatic enrolment was first required, and there is a six-month window around that anniversary during which the exercise must be carried out. It must then be repeated every three years. See our briefing note Automatic re-enrolment. |
Every three years |
State pension ages risingState pension age for both men and women is rising to age 68 by 2046 but this is due to be reviewed. See WHiP Issues 102 and 117. The increase from 66 to 67 has been brought forward by eight years, to take place between 2026 and 2028. See our briefing note Bridging pensions – state pension age issues, on the issues that rising state pension ages can cause for schemes that attempt to integrate with the state pension. |
Until 2046 (with implications already for schemes with bridging pensions or state pension offsets) |
Expected developments with no confirmed date The following are expected legislative and regulatory developments for which there is no confirmed date:
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