The Pension Schemes Act: Worthy aims but do not spoil it for 'a halfpenny of tar'

clock • 3 min read

David Weeks says there needs to be greater clarity around incoming pension sanctions

The now defunct humorous magazine Punch ran a famous cartoon from which came the catchphrase "Good in parts; like the curate's egg". The Pension Schemes Act 2021 is like the curate's egg: generally...

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

More on Law and Regulation

FCA and HMRC pension tax-free cash cancellation stance 'belies belief'

FCA and HMRC pension tax-free cash cancellation stance 'belies belief'

Reminded firms that, in practical terms, no cancellation rights exist on PCLS

Jenna Brown
clock 25 September 2025 • 5 min read
Regulatory action whilst the horse is still in the stable

Regulatory action whilst the horse is still in the stable

Chris Edwards-Earl looks at a contribution notice for an ongoing sponsor being upheld in the UT

Chris Edwards-Earl
clock 22 September 2025 • 3 min read
LCP warns against Budget pensions tax relief raid due to potentially 'serious' issues

LCP warns against Budget pensions tax relief raid due to potentially 'serious' issues

Firm warns changes to pensions tax could cause challenges for workers, employers and the public sector

Jasmine Urquhart
clock 08 September 2025 • 2 min read
Trustpilot