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flag UK's Pension Schemes Bill aims to enhance DC and DB pensions through new trustee duties and superfund rules.

flag The upcoming Pension Schemes Bill will introduce several measures to improve DC and DB pensions. flag Key changes include new duties for DC trustees to offer a range of decumulation products, automatic consolidation of small pots, standardized tests for value for money, and rules to facilitate new DB superfund providers. flag The bill also aims to ease restrictions on changes to the Pension Protection Fund levy. flag Additionally, interest in Dutch-style CDC pension schemes is growing, with TPT planning to launch a multi-employer CDC scheme by 2027 to offer higher retirement incomes.

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