Eleanor Hart

The Pensions Tracker from Dentons will be updated regularly to reflect future priorities that businesses need to be aware of, including milestones in the Department for Work and Pensions roadmap, which relates to the reforms introduced by the Pension Schemes Act 2026.

With so many consultations and changes impacting pensions, and more in the pipeline, it is vital for companies to be aware of how these might impact them and their employees and of the steps they should be taking to prepare for change.

Developments include:

• Ongoing reforms to create larger pension arrangements and accelerate consolidation across the defined contribution (DC) market
• Guided retirement requirements for workplace pension schemes
• Value for money requirements to assess pension arrangements beyond cost alone
• A model for consolidating small pension pots
• Extending the scope of inheritance tax to include most unused pension funds and death benefits
• Enabling greater access to defined benefit surpluses
• Limiting National Insurance relief on pension contributions paid via salary sacrifice.

Eleanor Hart, partner, said: “Pensions are constantly evolving as a result of legislation, including the Pension Schemes Act reforms, alongside a wide range of other developments. We have created the Pensions Tracker as a practical resource to bring those developments together, helping organisations understand what is changing when and what it could mean for them.”

Carolyn Saunders, partner, added: “Our Pensions Tracker is designed to be a practical at-a-glance resource that organisations can return to as the pensions landscape develops. We will keep it updated as developments progress, providing a single place to see the latest position, expected next steps and timings.”

The Pensions Tracker from Dentons can be found here.