UK Parliament · Public Bill · No. 2526
Pension Schemes Act 2021
[As Introduced]
A
BILL
to
This Act tightens the rules around how pension schemes in the UK must operate and protect people's retirement savings. It gives regulators more power to oversee pensions, requires better management of pension funds, and aims to prevent savers from losing money through poor decisions or mismanagement.
Presented by Baroness Stedman-Scott
supported by Dr Thérèse Coffey.
supported by Dr Thérèse Coffey.
✓ Passed into lawPublicLords
Official Ballot · The People's Chamber
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The people's count15 votes
100% Aye · 150% No · 0
MPs' vote612 MPs
42% Ayes · 25658% Noes · 356
The democratic gap
58% , a wide gap
Outcome mismatch, the public would pass this bill, but Parliament rejected it.
Bill passage
Commons
- 1st reading16 Jul 2020
- 2nd reading7 Oct 2020
- Committee stage3 Nov 2020
- Report stage16 Nov 2020
- 3rd reading16 Nov 2020
Lords
- 1st reading7 Jan 2020
- 2nd reading28 Jan 2020
- Committee stage24 Feb 2020
- Report stage30 Jun 2020
- 3rd reading15 Jul 2020
Royal Assent11 Feb 2021