Pension Schemes Act 2021


make provision about pension schemes

What is this Bill?

The Pension Schemes Act 2021 was a Government Bill that became an Act of Parliament.

Is this Bill currently before Parliament?

No. This Bill was introduced on 7 January 2020 and became an Act of Parliament on 11 February 2021.

Whose idea is this Bill?

Government Bills implement the legislative agenda of the Government. This agenda, and the Bills that will implement it, are outlined in the Queen's Speech at the Session's State Opening of Parliament.

How can I find out exactly what this Bill does?

The most straightforward information is contained in the initial Explanatory Notes for the Bill.

Would you like to know more?

See these Glossary articles for more information: Act of Parliament, Government Bills, Process of a Bill

Bill Progession through Parliament

Commons Completed
Lords Completed
Royal Assent

Latest Key documents

Timeline of Bill Documents and Stages

11th February 2021
Royal Assent: (Minutes of Proceedings) (Lords)
11th February 2021
Royal Assent (Hansard) (Commons)
11th February 2021
Act of Parliament
Pension Schemes Act 2021 (c. 1)
19th January 2021
Consideration of Commons amendments: Ping Pong (Minutes of Proceedings) (Lords)
19th January 2021
Consideration of Commons amendmentsPing Pong (Hansard) (Lords)
15th January 2021
Amendment Paper
HL Bill 152-I Marshalled list for Consideration of Commons amendments
14th January 2021
Amendment Paper
HL Bill 152(a) Motion for Consideration of Commons amendments
17th November 2020
Explanatory Notes
HL Bill 152 Explanatory Notes on Commons amendments
17th November 2020
Bill
HL Bill 152 Commons amendments
17th November 2020
Bill proceedings: Commons
Report Stage Proceedings as at 16 November 2020
16th November 2020
3rd reading (Commons)
16th November 2020
Report stage (Commons)
16th November 2020
Amendment Paper
Consideration of Bill Amendments as at 16 November 2020
16th November 2020
Selection of amendments: Commons
Speaker’s provisional grouping and selection of Amendments - 16 November 2020
16th November 2020
Selection of amendments: Commons
Speaker’s provisional grouping and selection of Amendments - 16 November 2020 (PDF)
13th November 2020
Amendment Paper
Notices of Amendments as at 12 November 2020
13th November 2020
Will write letters
Letter from Stuart O'Brien, Association of Pension Lawyers, to David Farrar, DWP, regarding amendments proposed to the Bill in respect of climate related risks
12th November 2020
Amendment Paper
Notices of Amendments as at 11 November 2020
12th November 2020
Will write letters
Letter from Richard Butler, Chair, PLSA (Pensions and Lifetime Savings Association), to Guy Opperman MP regarding amendments to clause 124 of the Bill (Paris-alignment strategy)
11th November 2020
Amendment Paper
Notices of Amendments as at 10 November 2020
11th November 2020
Will write letters
Letter from Guy Opperman MP to Stephen Timms MP regarding issues raised during the Committee stage, first, second, third and fourth days, of the Pension Schemes Bill
6th November 2020
Tracked changes versions of Bills: Commons
Version of the Bill showing changes made in Public Bill Committee
6th November 2020
Bill
HCB 208 2019-21, as amended in Public Bill Committee
6th November 2020
Bill proceedings: Commons
All proceedings up to 6 November 2020 at Public Bill Committee stage
6th November 2020
Tracked changes versions of Bills: Commons
Version of the Bill showing changes made in Public Bill Committee (PDF)
6th November 2020
Written evidence
Written evidence: Willis Towers Watson (PSB26)
6th November 2020
Written evidence
Written evidence: Carys Boughton, Gareth Ludkin, John Hardy & (on behalf of Divest Parliament), Joel Moreland, Mark Campanale, and Robert Noyes (PSB20)
6th November 2020
Written evidence
Written evidence: Aimee Chadha (PSB22)
6th November 2020
Written evidence
Written evidence: Dr Kathryn Waite, Edinburgh Business School, Heriot Watt University, Edinburgh, and Professor Tina Harrison, University of Edinburgh Business School (PSB25)
6th November 2020
Written evidence
Written evidence: Pensions Policy Institute (PSB24)
6th November 2020
Written evidence
Written evidence: Steve Delo, PAN Trustees (PSB23)
6th November 2020
Written evidence
Written evidence: Caroline Pearson, Pensions Manager, L&Q (PSB21)
5th November 2020
Committee stage: 4th sitting (Commons)
5th November 2020
Committee stage: 3rd sitting (Commons)
5th November 2020
Committee stage:s: compilation pdf of sittings so far (Commons)
5th November 2020
Amendment Paper
Public Bill Committee Amendments as at 5 November 2020
5th November 2020
Selection of amendments: Commons
Chairs’ provisional selection and grouping of amendments
5th November 2020
Selection of amendments: Commons
Chairs’ provisional selection and grouping of amendments (PDF)
4th November 2020
Public Bill Committee and report stage proceedings: Commons
All proceedings up to 4 November 2020 at Public Bill Committee stage (PDF)
4th November 2020
Amendment Paper
Notices of Amendments as at 3 November 2020
4th November 2020
Legislative Consent Motions-devolved legislatures
Legislative consent motion agreed by the Northern Ireland Assembly
3rd November 2020
Committee stage: 2nd sitting (Commons)
3rd November 2020
Committee stage: 1st sitting (Commons)
3rd November 2020
Written evidence
Written evidence: Henry Tapper, Chair, Pension PlayPen and CEO of AgeWage Ltd (PSB04)
3rd November 2020
Written evidence
Written evidence: Institute and Faculty of Actuaries (IFoA) (PSB01) (PDF)
3rd November 2020
Selection of amendments: Commons
Chairs’ provisional selection and grouping of amendments (PDF)
3rd November 2020
Written evidence
Written evidence: Freshfields Bruckhaus Deringer LLP (PSB02)
3rd November 2020
Amendment Paper
Public Bill Committee Amendments as at 3 November 2020
3rd November 2020
Selection of amendments: Commons
Chairs’ provisional selection and grouping of amendments
3rd November 2020
Selection of amendments: Commons
Chairs’ provisional selection and grouping of amendments (PDF)
3rd November 2020
Written evidence
Writtene evidence: PensionBee Ltd (PSB19) (PDF)
3rd November 2020
Written evidence
Written evidence: Aon (PDF)
3rd November 2020
Written evidence
Written evidence: David Pudge, Chairman of the City of London Law Society Company Law Committee (PSB09)
3rd November 2020
Written evidence
Written evidence: Nicholas Chadha (PSB18)
3rd November 2020
Written evidence
Written evidence: Technical Committee of the Insolvency Lawyers’ Association (PSB08) (PDF)
3rd November 2020
Written evidence
Written evidence: Pensions and Lifetime Savings Association (PSB07)
3rd November 2020
Written evidence
Written evidence: Con Keating, Chair, Bond Commission, European Federation of Financial Analysts Societies (PSB10)
3rd November 2020
Written evidence
Written evidence: Lane Clark & Peacock LLP (PSB11)
3rd November 2020
Written evidence
Written evidence: Richard Butcher (PSB12)
3rd November 2020
Written evidence
Written evidence: James Churcher (PSB14)
3rd November 2020
Written evidence
Written evidence: Ian Cowan, Partner, PKF (PSB15)
3rd November 2020
Written evidence
Written evidence: Communication Workers Union (CWU) and Royal Mail Group (PSB06) (PDF)
3rd November 2020
Written evidence
Written evidence: Alan Stewart, Chair, The 100 Group Pensions Committee (PSB05)
3rd November 2020
Written evidence
Written evidence: RPMI on behalf of the Railway Pension Scheme (PSB16) (PDF)
3rd November 2020
Written evidence
Written evidence: Association of British Insurers (ABI) (PSB03) (PDF)
3rd November 2020
Written evidence
Written evidence: Alistair Rapley (PSB17)
3rd November 2020
Written evidence
Written evidence: David Pudge, Chairman of the City of London Law Society Company Law Committee (PSB09)
3rd November 2020
Written evidence
Written evidence: Institute and Faculty of Actuaries (IFoA) (PSB01)
3rd November 2020
Written evidence
Written evidence: Freshfields Bruckhaus Deringer LLP (PSB02)
3rd November 2020
Written evidence
Written evidence: Association of British Insurers (ABI) (PSB03)
3rd November 2020
Written evidence
Written evidence: Henry Tapper, Chair, Pension PlayPen and CEO of AgeWage Ltd (PSB04)
3rd November 2020
Written evidence
Written evidence: Alan Stewart, Chair, The 100 Group Pensions Committee (PSB05)
3rd November 2020
Written evidence
Written evidence: Communication Workers Union (CWU) and Royal Mail Group (PSB06)
3rd November 2020
Written evidence
Written evidence: Pensions and Lifetime Savings Association (PSB07)
3rd November 2020
Written evidence
Written evidence: Technical Committee of the Insolvency Lawyers’ Association (PSB08)
3rd November 2020
Written evidence
Written evidence: Con Keating, Chair, Bond Commission, European Federation of Financial Analysts Societies (PSB10)
3rd November 2020
Written evidence
Written evidence: Lane Clark & Peacock LLP (PSB11)
3rd November 2020
Written evidence
Written evidence: Richard Butcher (PSB12)
3rd November 2020
Written evidence
Written evidence: Aon
3rd November 2020
Written evidence
Written evidence: James Churcher (PSB14)
3rd November 2020
Written evidence
Written evidence: Ian Cowan, Partner, PKF (PSB15)
3rd November 2020
Written evidence
Written evidence: RPMI on behalf of the Railway Pension Scheme (PSB16)
3rd November 2020
Written evidence
Written evidence: Alistair Rapley (PSB17)
3rd November 2020
Written evidence
Written evidence: Nicholas Chadha (PSB18)
3rd November 2020
Written evidence
Written evidence: PensionBee Ltd (PSB19)
2nd November 2020
Amendment Paper
Notices of Amendments as at 30 October 2020
30th October 2020
Briefing papers
Briefing Paper on theBill
30th October 2020
Amendment Paper
Notices of Amendments as at 29 October 2020
22nd October 2020
Amendment Paper
Notices of Amendments as at 21 October 2020
22nd October 2020
Will write letters
Letter from Guy Opperman MP to Stephen Timms MP regarding clause 125 of the Pension Schemes Bill
20th October 2020
Amendment Paper
Notices of Amendments as at 19 October 2020
16th October 2020
Amendment Paper
Notices of Amendments as at 15 October 2020
8th October 2020
Press notices
Have your say
7th October 2020
2nd reading (Commons)
7th October 2020
Programme motion
7th October 2020
Money resolution
6th October 2020
Will write letters
Letter from Guy Opperman MP to Felicity Buchan MP regarding survivor benefits
6th October 2020
Will write letters
Letter from Guy Opperman MP to Stephen Timms MP regarding clause 125
5th October 2020
Will write letters
Letter from Debbie Gupta, Director of Consumer Investments Supervision, Financial Conduct Authority, to Guy Opperman MP, regarding use of the FCA Warning List to reduce pension scams
16th July 2020
1st reading (Commons)
16th July 2020
Bill
Bill 165 2019-21 (as brought from the Lords) - large font accessible version
16th July 2020
Explanatory Notes
Bill 165 EN 2019-21
16th July 2020
Explanatory Notes
Bill 165 EN 2019-21 - large font accessible version
16th July 2020
Bill
Bill 165 2019-21 (as brought from the Lords)
15th July 2020
3rd reading: (Minutes of Proceedings) (Lords)
15th July 2020
3rd reading (Hansard) (Lords)
30th June 2020
Report stage: (Minutes of Proceedings) (Lords)
30th June 2020
Report stage (Hansard) (Lords)
30th June 2020
Bill
HL Bill 120 (as amended on Report) (Corrected version)
30th June 2020
Bill
HL Bill 120 (as amended on Report)
25th June 2020
Amendment Paper
HL Bill 104-I Marshalled list for Report
24th June 2020
Amendment Paper
HL Bill 104(g) Amendments for Report
23rd June 2020
Amendment Paper
HL Bill 104(f) Amendments for Report
22nd June 2020
Delegated Powers Memorandum
Pension Schemes Bill [HL]: Supplementary Delegated Powers Memorandum (2)
22nd June 2020
Amendment Paper
HL Bill 104(e) Amendments for Report
19th June 2020
Amendment Paper
HL Bill 104(d) Amendments for Report
17th June 2020
Amendment Paper
HL Bill 104(c) Amendment for Report
16th June 2020
Amendment Paper
HL Bill 104(b) Amendment for Report
16th June 2020
Amendment papers
HL Bill 104 Running list of amendments (PDF)
8th June 2020
Amendment Paper
HL Bill 104(a) Amendment for Report
2nd June 2020
Legislative Consent Motions-devolved legislatures
Legislative Consent Motion from the Northern Ireland Assembly
24th March 2020
Will write letters
Letter from Baroness Stedman-Scott to Members: day one of Grand Committee
24th March 2020
Will write letters
Letter from Baroness Stedman-Scott to Members: day three of Grand Committee
24th March 2020
Will write letters
Letter from Baroness Stedman-Scott to Members: day two of Grand Committee
24th March 2020
Will write letters
Letter from Baroness Stedman-Scott to Members: day four of Grand Committee
4th March 2020
Committee stage:Committee: 4th sitting (Minutes of Proceedings) (Lords)
4th March 2020
Committee stage:Committee: 4th sitting (Hansard) (Lords)
4th March 2020
Bill
HL Bill 104 (as amended in Grand Committee)
2nd March 2020
Committee stage:Committee: 3rd sitting (Minutes of Proceedings) (Lords)
2nd March 2020
Committee stage:Committee: 3rd sitting (Hansard) (Lords)
2nd March 2020
Amendment Paper
HL Bill 4-IV Fourth marshalled list for Grand Committee
28th February 2020
Amendment Paper
HL Bill 4-III(a) Amendment for Grand Committee, supplementary to the third marshalled list
27th February 2020
Amendment Paper
HL Bill 4-III Third marshalled list for Grand Committee
26th February 2020
Committee stage:Committee: 2nd sitting (Minutes of Proceedings) (Lords)
26th February 2020
Committee stage:Committee: 2nd sitting (Hansard) (Lords)
24th February 2020
Committee stage:Committee: 1st sitting (Minutes of Proceedings) (Lords)
24th February 2020
Committee stage:Committee: 1st sitting (Lords)
24th February 2020
Amendment Paper
HL Bill 4-II Second marshalled list for Grand Committee
20th February 2020
Amendment Paper
HL Bill 4-I Marshalled list for Grand Committee
19th February 2020
Amendment Paper
HL Bill 4(o) Amendments for Grand Committee
18th February 2020
Amendment Paper
HL Bill 4(n) Amendments for Grand Committee
17th February 2020
Amendment Paper
HL Bill 4(m) Amendments for Grand Committee
14th February 2020
Amendment Paper
HL Bill 4(l) Amendments for Grand Committee
13th February 2020
Delegated Powers Memorandum
Pension Schemes Bill [HL]: Supplementary Delegated Powers Memorandum
13th February 2020
Amendment Paper
HL Bill 4(k) Amendments for Grand Committee
13th February 2020
Select Committee report
2nd Report of the Select Committee on the Constitution
12th February 2020
Amendment Paper
HL Bill 4(j) Amendments for Grand Committee
11th February 2020
Amendment Paper
HL Bill 4(i) Amendments for Grand Committee
11th February 2020
Will write letters
Letter from Baroness Stedman-Scott regarding background to the Government amendments tabled
10th February 2020
Amendment Paper
HL Bill 4(h) Amendments for Grand Committee
7th February 2020
Amendment Paper
HL Bill 4(g) Amendments for Grand Committee
6th February 2020
Amendment Paper
HL Bill 4(f) Amendments for Grand Committee
5th February 2020
Amendment Paper
HL Bill 4(e) Amendments for Grand Committee
4th February 2020
Amendment Paper
HL Bill 4(d) Amendments for Grand Committee
3rd February 2020
Amendment Paper
HL Bill 4(c) Amendments for Grand Committee
30th January 2020
Amendment Paper
HL Bill 4(b) Amendments for Grand Committee
29th January 2020
Amendment Paper
HL Bill 4(a) Amendments for Grand Committee
28th January 2020
2nd reading: (Minutes of Proceedings) (Lords)
28th January 2020
2nd reading (Hansard) (Lords)
20th January 2020
Library Notes
Pension Schemes Bill [HL]: Briefing for Lords Stages
15th January 2020
Impact Assessments
Annex E: Trustee and Board Statement
15th January 2020
Impact Assessments
Annex F: Funding and Investment Strategy
15th January 2020
Impact Assessments
Annex G: Collective Money Purchase (CMP)
15th January 2020
Impact Assessments
Annex H: Pension Dashboards
15th January 2020
Impact Assessments
Annex I: Transfers of Pension Savings
15th January 2020
Impact Assessments
Annex J: Administration Charge Definition
15th January 2020
Impact Assessments
Impact Assessment: Summary of Impacts
15th January 2020
Impact Assessments
Annex A: Extending and Enhancing the Pensions Regulator’s Information Gathering Powers
15th January 2020
Impact Assessments
Annex B: Amendments to the Pension Regulator’s Contribution Notice Regime
15th January 2020
Impact Assessments
Annex C: Enhancing the Occupational Pension Schemes’ Sanctions Regime
15th January 2020
Impact Assessments
Annex D: Declaration of Intent
8th January 2020
Delegated Powers Memorandum
Pension Schemes Bill [HL]: Delegated Powers Memorandum
7th January 2020
1st reading: (Minutes of Proceedings) (Lords)
7th January 2020
1st reading (Hansard) (Lords)
7th January 2020
Bill
HL Bill 4 (as introduced)
7th January 2020
Explanatory Notes
HL Bill 4 Explanatory Notes