Pensions Schemes Bill introduced to House of Lords

2020-01-10T09:00:00-08:00January 10th, 2020|Categories: Pension Reform|Tags: , |

The Pensions Schemes Bill, originally confirmed in the Queen’s Speech on 14 October 2019, and reintroduced on 19 December 2019, has been introduced to the House of Lords this week. The Commons Library Briefing, published on 7 January 2020, stated that the introduction of the Pensions Schemes Bill, which will replace the Pension Schemes Act 2015, reflects the fact that the UK workplace pensions framework enables employers to offer only either defined benefit (DB) or defined contribution (DC) schemes. [...]