Latest Bill

Latest news on the Pensions (Amendment) Bill [HL] 2019-21

First reading took place on 16 January. This stage is a formality that signals the start of the Bill's journey through the Lords.

Second reading - the general debate on all aspects of the Bill - is yet to be scheduled.

Summary of the Pensions (Amendment) Bill [HL] 2019-21

A Bill to amend the Pensions Act 2004 and the Companies Act 2006 to remove the cap on compensation payments under the Pension Protection Fund and to require the approval of pension scheme trustees and the Pensions Regulator for the distribution of dividends.