Horizon scanning
Here we summarise some recent or ongoing changes in legislation or regulation.
On this page you will find summaries on:
- FCA/DWP - Pensions Act – Pensions Dashboard
- HMRC - Increasing the normal minimum pension age
- Consultation on a policy framework to support individuals use their pension savings in decumulation
- Ending the proliferation of small pots
- Pensions (Extension of Automatic Enrolment) Act 2023
- FCA’s Outcome on Thematic Review of Retirement Income Advice
- FCA consultation (CP24/16): The Value for Money Framework
- Inheritance Tax on pensions: liability, reporting and payment
- Reducing tax-free overseas transfers of tax relieved UK pensions
- Extended yield drawdown tables for use from 1 September 2025
Further information
Periodically HMRC issue Newsletters. These cover almost anything to do with pensions and contain useful information.
HMRC Pension Schemes newsletters
HMRC Trusts and Estates newsletter
Disclaimer
The information provided is based on our current understanding of the relevant legislation and regulations and may be subject to alteration as a result of changes in legislation or practice. Also it may not reflect the options available under a specific product which may not be as wide as legislations and regulations allow.
All references to taxation are based on our understanding of current taxation law and practice and may be affected by future changes in legislation and the individual circumstances of the investor.