UK Pensions - Pensions in Five

Welcome to the May edition of P5, our monthly “snapshot” of the hottest topics in pensions. Designed to give you the important headlines in just five minutes.

This month we cover:

• Pension Schemes Act 2026
• National Insurance Contributions (Employer Pensions Contributions) Act 
• Inheritance tax on pensions
• Pensions Commission
• Section 37 confirmations
• Annual funding statement
• DC scheme consolidation
• CDC schemes