Hogan Lovells

Key Dates

The Pension Schemes Act 2021 (Commencement No 3 and Transitional and Savings Provisions) Regulations 2021/950 made on 24 August 2021.


Summary

Provisions in the Pension Schemes Act 2021 (PSA21) which extend the powers of the Pensions Regulator (tPR) and introduce new criminal offences and civil sanctions will come into force as expected on 1 October 2021.  Commencement Order No 3, which brings the provisions into force, also disapplies some of the new powers, offences and sanctions where an act, failure to act, or part of a course of conduct took place before 1 October 2021.

The provisions coming into force on 1 October 2021 include the following.

Transitional provisions



Date Accessed: 03/12/2021