UK to cap tax-free pension sacrifices at £2,000 from 2029, with other reforms pending.

The UK government has announced pension reforms set for 2027 and 2029, including a £2,000 annual cap on tax-free salary sacrifice contributions starting April 2029, updated inheritance tax rules, and changes to PPF compensation. The Pensions Regulator issued new guidance on data governance, cybersecurity, and administrator oversight, while consultations are underway on Collective Defined Contribution schemes, trustee governance, and fiduciary duties. The Data (Use and Access) Act received Royal Assent, and the PPF plans to maintain a zero levy for 2026/27. Auto-enrolment thresholds remain unchanged.