DB sponsors fall short on Pensions Act understanding

Sponsors concerned DB schemes will impact dividends and corporate activity

Jasmine Urquhart
clock • 3 min read
Hymans Robertson report says more DB sponsors need to be aware of the Pension Schemes Act 2021 requirements
Image:

Hymans Robertson report says more DB sponsors need to be aware of the Pension Schemes Act 2021 requirements

Defined benefit (DB) sponsors are falling short on their understanding of the Pension Schemes Act 2021, a report from Hymans Robertson finds.

The report - which surveyed 250 senior managers, chief financial officers and finance directors of firms with DB pensions - found two in five (40%) were not familiar with the act's requirements, wh...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Law and Regulation

The full list of pensions ministers since 1998

The full list of pensions ministers since 1998

The full list of the ministers who have been responsible for pensions

PP Staff
clock 23 July 2026 • 1 min read
Transfer changes 'a start, not the finish line', industry says

Transfer changes 'a start, not the finish line', industry says

Clear and practical guidance ‘essential’ to apply the new framework consistently and with confidence

Jonathan Stapleton
clock 22 July 2026 • 4 min read
SPP urges HMRC to amend draft GMP conversion rules

SPP urges HMRC to amend draft GMP conversion rules

Trade body says changes are needed to protect savers from unintended tax charges

Jonathan Stapleton
clock 21 July 2026 • 1 min read
Trustpilot