Nigel Cayless assesses crucial pensions legislation in 2021 and how it could impact regulations going into 2022

2021 saw an avalanche of new pensions legislation, consultations, guidance and codes of practice. From sweeping changes under the Pension Schemes Act 2021, which introduced significant changes to the Pensions Regulator’s enforcement and information gathering powers, to new regulations and guidance focused on delivering better value for members of defined contribution schemes, 2021 has certainly been a bumper year for new legislation.

The weight of all this new legislation has inevitably caused some capacity issues as pension scheme trustees and their administrators grapple with updating their processes, procedures and member communications.

These issues have been compounded by time limitations to prepare for some of thi...

Nigel Cayless
Senior counsel

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