Industry backs 'surprise' Pension Schemes Bill in King's Speech

Pensions Bill inclusion was welcomed by industry commentators

clock • 6 min read

The pensions industry has welcomed the inclusion of a Pensions Bill in the King’s Speech today (17 July).

As part of the state opening of parliament, King Charles announced several bills and reforms relating to pensions, including solutions addressing decumulation, superfunds and a National Wealth Fund. Following the speech, members will debate issues relating to the King's Speech in the coming week, starting tomorrow (18 July) with housing, energy and the environment. Pensions and Lifetime Savings Association (PLSA) director of policy and advocacy Nigel Peaple welcomed the inclusion of a Pensions Bill, noting "no time has been wasted" in proceeding with existing regulatory work addressin...

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