Despite a shorter week following a sunny bank holiday, it’s been jam-packed with responses to government and regulator consultations, as well as wider industry updates.
A key focus has been the Pension Schemes Bill ahead of its committee stage next week.
While the bill aims to make pensions simpler and more cost-effective for savers, concerns over mandation continue to dominate the conversation.
Several industry organisations have raised worries about certain aspects of the legislation, even as they broadly support its objectives.
Calls are also growing for MPs to amend the bill to introduce pre-1997 indexation on Pension Protection Fund and Financial Assistance Scheme pension rights.
The Pensions Action Group has called the lack of any indexation a “major injustice,” urging swift action and stressing that full parliamentary support is crucial after more than 23 years of campaigning.
However, the Pension Schemes Bill isn’t the only area attracting scrutiny this week.
While there’s general support for the Financial Conduct Authority's targeted support proposals, pension organisations are warning that more clarity is needed, particularly around regulatory alignment and protections against misuse.
The week also shone a light on some of the sector’s pressing risks and how regulators and employers are responding.
With national cyber threats on the rise, Trafalgar House urged trustees to ensure administrators demonstrate robust resilience, outlining what it described as “best practice” for trustee oversight following the National Cyber Security Centre's (NCSC) issuance of fresh warnings about sustained cyber pressure across the UK.
Transfer scams were also a key concern, as data from XPS Group found that the proportion of pension transfers showing signs of a scam rose "sharply" in July 2025, with its Scam Flag Index revealing that 94 per cent of pension transfers reviewed in July triggered at least one warning flag for potential scams.
Research from Hargreaves Lansdown also highlighted wider inequalities, revealing that only 27 per cent of people aren’t reliant on a partner’s pension, and women are far more likely to depend on their partner’s savings.
Reflecting broader calls for inclusivity, the Society of Pension Professionals called for targeted steps to improve neuro-inclusion across both saver engagement and workplace practices.
And finally, keeping an eye on future possible political developments, Pensions Minister, Torsten Bell, has been appointed as a key aide to the Chancellor, Rachel Reeves, ahead of the Autumn Budget - a move that could shape policy priorities in the months to come.
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