DC Archives - The Society of Pension Professionals : The Society of Pension Professionals

The SPP’s response to the DWP discussion paper on key elements of the Scale Policy

The SPP welcomes the government’s ambition to harness scale for Defined Contribution (DC) pension schemes but our response to the DWP discussion paper on key elements of the Scale Policy, warns that an extended regulatory timeline risks creating paralysis in industry planning, stifling innovation, and compressing execution risk as the 2030 deadline approaches.

There are also various areas that require urgent regulatory clarity and greater flexibility, particularly regarding the definition of Common Investment Strategies (CIS) and the measurement of scheme scale.

Tags: 2030, Consolidation, DC, Defined Contribution, pension, Pension Schemes Act 2026, Pensions, Scale,

25/08/2026

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SPP Paper – Pensions in a Warming World

As the UK endured record June temperatures, the SPP publishes Pensions in a Warming World, a major new thought leadership paper warning that climate change is becoming a defining factor in pension outcomes, funding strategies and retirement security across the UK.

Tags: CDC, Climate Change, DB, DC, environmental, investment, Net Zero,

30/06/2026

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SPP Paper: Trump’s Tariffs and UK Pensions

This informational paper examines the impact on UK pensions of Donald Trump’s recently announced plans to introduce new import taxes on goods from almost every country.

Many who are saving in a UK pension, and those already in receipt of a UK pension, are likely to ask how such events may affect them. This SPP paper utilises the diverse expertise of its membership for the public good and highlights that reactive changes to pensions and other savings are generally not ideal compared with keeping a cool head and planning carefully.

Tags: DB, DC, investment, UK pension schemes,

07/05/25

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SPP Paper: Pensions Tax Relief – separating fact from fiction

This SPP report acknowledges the rationale for reducing pensions tax relief to make savings for the Treasury; highlights that the true cost of pensions tax relief is considerably smaller than headline figures; details some of the consequences of shifting to a single rate of pensions tax relief; and examines various alternatives.

Tags: DB, DC, Pensions, pensions tax relief, Tax, tax relief, UK pension schemes,

08/10/2024

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