Guidance

Pension Schemes Bill: Scale and Consolidation

This paper sets out the Department for Work and Pensions policy principles in relation to the scale measures which form part of the Pension Schemes Bill.

• From: Department for Work and Pensions, The Pensions Regulator and Financial Conduct Authority
• Published: 9 March 2026

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Pension Schemes Bill: Scale and Consolidation

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Scale Policy Principles Paper

This paper sets out the Department for Work and Pensions policy principles in relation to the scale measures which form part of the Pension Schemes Bill. These measures will apply to multi-employer defined contribution pension schemes. It provides an overview of the government’s direction of travel ahead of detailed consultation on regulations. It does not replace formal consultation, nor does it anticipate the final regulatory framework.

Published 9 March 2026