M
Member
Speaking in the House of Lords on 8 December 2025
Debate
Occupational Pension Schemes (Collective Money Purchase Schemes) (Extension to Unconnected Multiple Employer Schemes and Miscellaneous Provisions) Regulations 2025Contribution
A combination of the 2021 Act and these regulations stipulates the actions trustees must take if a scheme experiences a triggering event. These are certain events set out in the primary legislation that can pose a threat to the future of the scheme and the interests of members. If a triggering event occurs, the trustees must take certain actions. The new regime will continue to place strong emphasis on regulatory oversight. The Pensions Regulator is empowered to issue risk notices, enforce continuity strategies and withdraw authorisation where schemes fail to meet standards. Member interests remain paramount in this instrument.
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