6 March 2026
Pensions UK has submitted a response to the Government’s consultation on the future of trusteeship and governance in UK pension schemes. Trustees play a central role in safeguarding member outcomes and overseeing increasingly large and complex schemes. In our response we focus on how governance frameworks can evolve to support effective trusteeship, including board-level capability, the structures that support trustees in carrying out their responsibilities, and the importance of proportionate regulation that reflects the changing structure of the pensions market.