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Pension Schemes Act 2021

Government Bill

Originated in the House of Lords, Session 2019-21

Act of Parliament (1)

Full text of the Act of Parliament as passed by Parliament (this is the Act in its original state. The Act may have been amended by another Act and any such amendments are not shown in this version).

Pension Schemes Act 2021 (c. 1)
11 February 2021

Full text of the Bill as introduced and further versions of the Bill as it is reprinted to incorporate amendments (proposals for change) made during its passage through Parliament.

HL Bill 152 Commons amendments
17 November 2020
Lords
HCB 208 2019-21, as amended in Public Bill Committee - (large print)
13 November 2020
Commons
HCB 208 2019-21, as amended in Public Bill Committee
6 November 2020
Commons
Bill 165 2019-21 (as brought from the Lords)
16 July 2020
Commons
Bill 165 2019-21 (as brought from the Lords) - large font accessible version
16 July 2020
Commons
HL Bill 120 (as amended on Report)
30 June 2020
Lords
HL Bill 120 (as amended on Report) (Corrected version)
30 June 2020
Lords
HL Bill 104 (as amended in Grand Committee)
4 March 2020
Lords
7 January 2020
Lords

Tracked changes versions of the Bill, showing amendments made in Committee of the whole House and in Public Bill Committees in the House of Commons. Please note that these are unofficial versions and may not be completely accurate.

Version of the Bill showing changes made in Public Bill Committee
6 November 2020
Commons

Documents to explain the purpose of the Bill.

HL Bill 152 Explanatory Notes on Commons amendments
17 November 2020
Lords
Bill 165 EN 2019-21
16 July 2020
Commons
Bill 165 EN 2019-21 - large font accessible version
16 July 2020
Commons
7 January 2020
Lords

In the House of Commons, amendments are grouped together so that amendments relating to a particular topic or issue are discussed together.

Speaker’s provisional grouping and selection of Amendments - 16 November 2020
16 November 2020
Commons
Chairs’ provisional selection and grouping of amendments
5 November 2020
Commons
Chairs’ provisional selection and grouping of amendments
3 November 2020
Commons

The Government provide a delegated powers memorandum for all public (including hybrid) bills to justify the delegation of powers, usually to Ministers, in the bill. For reports of the Delegated Powers and Regulatory Reform Committee, see “Select Committee Reports”.

Pension Schemes Bill [HL]: Supplementary Delegated Powers Memorandum (2)
22 June 2020
Lords
Pension Schemes Bill [HL]: Supplementary Delegated Powers Memorandum
13 February 2020
Lords
Pension Schemes Bill [HL]: Delegated Powers Memorandum
8 January 2020
Lords

Full list of amendment papers relating to the Bill. Individual amendment papers will be replaced with consolidated lists before the amendments are discussed. Page and line references in amendment papers refer to the PDF version of the Bill.

HL Bill 152-I Marshalled list for Consideration of Commons amendments
15 January 2021
Lords
HL Bill 152(a) Motion for Consideration of Commons amendments
14 January 2021
Lords
Consideration of Bill Amendments as at 16 November 2020
16 November 2020
Commons
Consideration of Bill Amendments as at 16 November 2020 - (large print)
16 November 2020
Commons
Notices of Amendments as at 12 November 2020
13 November 2020
Commons
Notices of Amendments as at 11 November 2020
12 November 2020
Commons
Notices of Amendments as at 10 November 2020
11 November 2020
Commons
Public Bill Committee Amendments as at 5 November 2020
5 November 2020
Commons
Notices of Amendments as at 3 November 2020
4 November 2020
Commons
Public Bill Committee Amendments as at 3 November 2020
3 November 2020
Commons
Notices of Amendments as at 30 October 2020
2 November 2020
Commons
Notices of Amendments as at 29 October 2020
30 October 2020
Commons
Notices of Amendments as at 21 October 2020
22 October 2020
Commons
Notices of Amendments as at 19 October 2020
20 October 2020
Commons
Notices of Amendments as at 15 October 2020
16 October 2020
Commons
HL Bill 104-I Marshalled list for Report
25 June 2020
Lords
HL Bill 104(g) Amendments for Report
24 June 2020
Lords
HL Bill 104(f) Amendments for Report
23 June 2020
Lords
HL Bill 104(e) Amendments for Report
22 June 2020
Lords
HL Bill 104(d) Amendments for Report
19 June 2020
Lords
HL Bill 104(c) Amendment for Report
17 June 2020
Lords
HL Bill 104(b) Amendment for Report
16 June 2020
Lords
HL Bill 104(a) Amendment for Report
8 June 2020
Lords
HL Bill 4-IV Fourth marshalled list for Grand Committee
2 March 2020
Lords
HL Bill 4-III(a) Amendment for Grand Committee, supplementary to the third marshalled list
28 February 2020
Lords
HL Bill 4-III Third marshalled list for Grand Committee
27 February 2020
Lords
HL Bill 4-II Second marshalled list for Grand Committee
24 February 2020
Lords
HL Bill 4-I Marshalled list for Grand Committee
20 February 2020
Lords
HL Bill 4(o) Amendments for Grand Committee
19 February 2020
Lords
HL Bill 4(n) Amendments for Grand Committee
18 February 2020
Lords
HL Bill 4(m) Amendments for Grand Committee
17 February 2020
Lords
HL Bill 4(l) Amendments for Grand Committee
14 February 2020
Lords
HL Bill 4(k) Amendments for Grand Committee
13 February 2020
Lords
HL Bill 4(j) Amendments for Grand Committee
12 February 2020
Lords
HL Bill 4(i) Amendments for Grand Committee
11 February 2020
Lords
HL Bill 4(h) Amendments for Grand Committee
10 February 2020
Lords
HL Bill 4(g) Amendments for Grand Committee
7 February 2020
Lords
HL Bill 4(f) Amendments for Grand Committee
6 February 2020
Lords
HL Bill 4(e) Amendments for Grand Committee
5 February 2020
Lords
HL Bill 4(d) Amendments for Grand Committee
4 February 2020
Lords
HL Bill 4(c) Amendments for Grand Committee
3 February 2020
Lords
HL Bill 4(b) Amendments for Grand Committee
30 January 2020
Lords
HL Bill 4(a) Amendments for Grand Committee
29 January 2020
Lords

Details of proceedings in Public Bill Committee or Committee of the whole House, on any report (consideration) stage, and on any consideration of Lords Amendments or any subsequent Lords Messages. The documents contain the text of amendments considered at each sitting and show whether it was agreed to, negatived (not agreed), not called, not moved or withdrawn.

Report Stage Proceedings as at 16 November 2020
17 November 2020
Commons
All proceedings up to 6 November 2020 at Public Bill Committee stage
6 November 2020
Commons

House of Commons Library and House of Lords Library briefing papers aim to be politically impartial, containing factual information as well as a range of opinions on each subject. Briefing papers on Bills are produced before Second Reading and, in the Commons, after Committee Stage.

Briefing Paper on theBill
30 October 2020
Commons

The following select committee reports have been identified as relevant to the debate on the Bill.

2nd Report of the Select Committee on the Constitution
13 February 2020
Lords

Archive of press notices related to the Bill.

8 October 2020
Commons

House of Lords Library Notes aim to be politically impartial and are compiled for Members of Parliament and their staff.

Pension Schemes Bill [HL]: Briefing for Lords Stages
20 January 2020
Lords

Written submissions from outside bodies and individuals are circulated to MPs appointed to examine the Bill during committee stage in a Public Bill Committee. The following written submissions were sent to this committee.

Commons Committee stage

Written evidence: Carys Boughton, Gareth Ludkin, John Hardy & (on behalf of Divest Parliament), Joel Moreland, Mark Campanale, and Robert Noyes (PSB20)
6 November 2020
Commons
Written evidence: Caroline Pearson, Pensions Manager, L&Q (PSB21)
6 November 2020
Commons
Written evidence: Aimee Chadha (PSB22)
6 November 2020
Commons
Written evidence: Steve Delo, PAN Trustees (PSB23)
6 November 2020
Commons
Written evidence: Pensions Policy Institute (PSB24)
6 November 2020
Commons
Written evidence: Dr Kathryn Waite, Edinburgh Business School, Heriot Watt University, Edinburgh, and Professor Tina Harrison, University of Edinburgh Business School (PSB25)
6 November 2020
Commons
Written evidence: Willis Towers Watson (PSB26)
6 November 2020
Commons
Written evidence: Institute and Faculty of Actuaries (IFoA) (PSB01)
3 November 2020
Commons
Written evidence: Freshfields Bruckhaus Deringer LLP (PSB02)
3 November 2020
Commons
Written evidence: Association of British Insurers (ABI) (PSB03)
3 November 2020
Commons
Written evidence: Henry Tapper, Chair, Pension PlayPen and CEO of AgeWage Ltd (PSB04)
3 November 2020
Commons
Written evidence: Alan Stewart, Chair, The 100 Group Pensions Committee (PSB05)
3 November 2020
Commons
Written evidence: Communication Workers Union (CWU) and Royal Mail Group (PSB06)
3 November 2020
Commons
Written evidence: Pensions and Lifetime Savings Association (PSB07)
3 November 2020
Commons
Written evidence: Technical Committee of the Insolvency Lawyers’ Association (PSB08)
3 November 2020
Commons
Written evidence: David Pudge, Chairman of the City of London Law Society Company Law Committee (PSB09)
3 November 2020
Commons
Written evidence: Con Keating, Chair, Bond Commission, European Federation of Financial Analysts Societies (PSB10)
3 November 2020
Commons
Written evidence: Lane Clark & Peacock LLP (PSB11)
3 November 2020
Commons
Written evidence: Richard Butcher (PSB12)
3 November 2020
Commons
Written evidence: Aon
3 November 2020
Commons
Written evidence: James Churcher (PSB14)
3 November 2020
Commons
Written evidence: Ian Cowan, Partner, PKF (PSB15)
3 November 2020
Commons
Written evidence: RPMI on behalf of the Railway Pension Scheme (PSB16)
3 November 2020
Commons
Written evidence: Alistair Rapley (PSB17)
3 November 2020
Commons
Written evidence: Nicholas Chadha (PSB18)
3 November 2020
Commons
Written evidence: PensionBee Ltd (PSB19)
3 November 2020
Commons

List of related Impact Assessments

Impact Assessment: Summary of Impacts
15 January 2020
Annex A: Extending and Enhancing the Pensions Regulator’s Information Gathering Powers
15 January 2020
Annex B: Amendments to the Pension Regulator’s Contribution Notice Regime
15 January 2020
Annex C: Enhancing the Occupational Pension Schemes’ Sanctions Regime
15 January 2020
Annex D: Declaration of Intent
15 January 2020
Annex E: Trustee and Board Statement
15 January 2020
Annex F: Funding and Investment Strategy
15 January 2020
Annex G: Collective Money Purchase (CMP)
15 January 2020
Annex H: Pension Dashboards
15 January 2020
Annex I: Transfers of Pension Savings
15 January 2020
Annex J: Administration Charge Definition
15 January 2020

Occasionally questions put to government Ministers during debates on Bills in either the House of Commons or the House of Lords may be answered by the Minister saying 'I will write to the Hon Member'. Such “will write” replies are not published in Hansard but are placed in the Library of the House concerned and published on the Parliamentary website.

Letter from Stuart O'Brien, Association of Pension Lawyers, to David Farrar, DWP, in respect of climate related risks
19 November 2020
Letter from Richard Butler, Chair, PLSA (Pensions and Lifetime Savings Association), to Guy Opperman MP regarding amendments to clause 124 (Paris-alignment strategy)
18 November 2020
Letter from Stuart O'Brien, Association of Pension Lawyers, to David Farrar, DWP, regarding amendments proposed to the Bill in respect of climate related risks
13 November 2020
Letter from Richard Butler, Chair, PLSA (Pensions and Lifetime Savings Association), to Guy Opperman MP regarding amendments to clause 124 of the Bill (Paris-alignment strategy)
12 November 2020
Letter from Guy Opperman MP to Stephen Timms MP regarding issues raised during the Committee stage, first, second, third and fourth days, of the Pension Schemes Bill
11 November 2020
Letter from Guy Opperman MP to Stephen Timms MP regarding clause 125 of the Pension Schemes Bill
22 October 2020
Letter from Guy Opperman MP to Stephen Timms MP regarding clause 125
6 October 2020
Letter from Guy Opperman MP to Felicity Buchan MP regarding survivor benefits
6 October 2020
Letter from Debbie Gupta, Director of Consumer Investments Supervision, Financial Conduct Authority, to Guy Opperman MP, regarding use of the FCA Warning List to reduce pension scams
5 October 2020
Letter from Baroness Stedman-Scott to Members: day one of Grand Committee
24 March 2020
Letter from Baroness Stedman-Scott to Members: day two of Grand Committee
24 March 2020
Letter from Baroness Stedman-Scott to Members: day three of Grand Committee
24 March 2020
Letter from Baroness Stedman-Scott to Members: day four of Grand Committee
24 March 2020
Letter from Baroness Stedman-Scott regarding background to the Government amendments tabled
11 February 2020

Full transcripts

Commons Committee stage

Committee Debates: compilation pdf of sittings so far
6 November 2020
Commons
6 November 2020
Commons
6 November 2020
Commons
4 November 2020
Commons
4 November 2020
Commons

Lords 1st reading

1st reading (Hansard)
7 January 2020
Lords
1st reading (Minutes of Proceedings)
7 January 2020
Lords

Lords 2nd reading

2nd reading (Hansard)
28 January 2020
Lords
2nd reading (Minutes of Proceedings)
28 January 2020
Lords

Lords Committee stage

Committee: 4th sitting (Hansard)
4 March 2020
Lords
Committee: 4th sitting (Minutes of Proceedings)
4 March 2020
Lords
Committee: 3rd sitting (Hansard)
2 March 2020
Lords
Committee: 3rd sitting (Minutes of Proceedings)
2 March 2020
Lords
Committee: 2nd sitting (Hansard)
26 February 2020
Lords
Committee: 2nd sitting (Minutes of Proceedings)
26 February 2020
Lords
Committee: 1st sitting
24 February 2020
Lords
Committee: 1st sitting (Minutes of Proceedings)
24 February 2020
Lords

Lords Report stage

Report stage (Hansard)
30 June 2020
Lords
Report stage (Minutes of Proceedings)
30 June 2020
Lords

Lords 3rd reading

3rd reading (Hansard)
15 July 2020
Lords
3rd reading (Minutes of Proceedings)
15 July 2020
Lords

Commons 2nd reading

7 October 2020
Commons

Commons Money resolution

Money resolution
7 October 2020
Commons

Commons Programme motion

Programme motion
7 October 2020
Commons

Commons Report stage

16 November 2020
Commons

Commons 3rd reading

16 November 2020
Commons

Lords Consideration of Commons amendments

Ping Pong (Hansard)
19 January 2021
Lords
Ping Pong (Minutes of Proceedings)
19 January 2021
Lords

Royal Assent

Royal Assent (Hansard)
11 February 2021
Royal Assent (Minutes of Proceedings)
11 February 2021