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Statutory Instruments

2026 No. 580

PENSIONS

The Occupational Pension Schemes (Preservation of Benefit) (Amendment) Regulations 2026

Made

2nd June 2026

Laid before Parliament

3rd June 2026

Coming into force

31st July 2026

The Secretary of State makes these Regulations in exercise of the powers conferred by sections 73(4)(b) and 182(2) of the Pension Schemes Act 1993(1).

In accordance with section 185(1) of that Act(2), the Secretary of State has consulted such persons as they consider appropriate.

Citation, extent and commencement

1.—(1) These Regulations may be cited as the Occupational Pension Schemes (Preservation of Benefit) (Amendment) Regulations 2026.

(2) These Regulations extend to England and Wales and Scotland.

(3) These Regulations come into force on 31st July 2026.

Amendment of the Occupational Pension Schemes (Preservation of Benefit) Regulations 1991

2. In regulation 12 of the Occupational Pension Schemes (Preservation of Benefit) Regulations 1991(3) (transfer of member’s accrued rights without consent), after paragraph (7) insert—

(7A) The condition set out in this paragraph is that the receiving scheme or section is authorised under Part 1 of the Pension Schemes Act 2021(4)..

Signed by authority of the Secretary of State for Work and Pensions

Torsten Bell

Parliamentary Under-Secretary of State

2nd June 2026

Department for Work and Pensions

(1)

1993 c. 48. See section 181(1) of this Act for the definitions of “prescribe” and “regulations”.

(2)

Section 185(1) was amended by paragraph 46 of Schedule 3 and paragraph 80(a) of Schedule 5 to the Pensions Act 1995 (c. 26).

(3)

S.I. 1991/167, amended by S.I. 2018/240; there are other amending instruments but none are relevant.

(4)

2021 c. 1. Part 1 was amended by the Occupational Pension Schemes (Collective Money Purchase Schemes) (Extension to Unconnected Multiple Employer Schemes and Miscellaneous Provisions) Regulations 2025 (S.I. 2025/1313).

Status: This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
The Occupational Pension Schemes (Preservation of Benefit) (Amendment) Regulations 2026 (2026/580)
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