UK Pensions Bill Passes, But Faces Slow Implementation

By Lucia Osborne-Crowley (January 20, 2021, 12:32 PM GMT) -- Parliament announced on Wednesday that a controversial new package of pensions rules has passed through both houses of Parliament and awaits royal assent to become law — but experts say the tough new legislation may not be fully implemented for months.

The Pensions Scheme Bill 2021 features new powers for the sector's regulator and new criminal sanctions for employers that breach rules about contributing to retirement plans. But many of the new rules will need more legislative work before being put into effect, possibly as late as 2022, pensions consultants at Lane Clark & Peacock LLP said.

"Although this feels like the...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!