questionText: To ask the Secretary of State for Work and Pensions, in relation to the statutory guidance on fiduciary duties announced during Report stage of the Pension Schemes Bill on 3 December 2025, when he intends to table this amendment to the Bill; whether he will consult on the guidance; and when he plans for the guidance to take effect.
answerText: Government has set out its intention to develop statutory guidance for the trust-based private pensions sector. The proposed guidance intends to clarify how trustees can interpret and apply their existing duties, particularly when considering wider or lon...
heading: Pension Schemes Bill