The Occupational Pension Schemes (Collective Money Purchase Schemes) (Extension to Unconnected Multiple Employer Schemes and Miscellaneous Provisions) Regulations 2025
Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
As published
24 Connected employers
(1) For the purposes of section 49(2)(b) of the Pension Schemes Act 2021 (interpretation of Part 1), an employer (“A”) is connected with another employer (“B”), and an employer which is a group undertaking of A is connected with an employer which is a group undertaking of B—
(a) where A and B have separate legal identities but are structured so that the economic position of the shareholders of each is, as far as practicable, the same as if they held shares in a single company comprising the combined businesses of A and B;
(b) where A employs members of the scheme jointly with B;
(c) in respect of active members of the scheme, following a transfer of those members to A from B;
(d) where A holds or controls, or in the previous six months has held or controlled, at least 33% of the voting power in B;
(e) where A is, or in the previous six months has been, engaged in a joint venture with B.
(2) In paragraph (1)—
“active members” has the meaning given in section 124(1) of the Pensions Act 1995;
“group undertaking” has the meaning given in section 1161(5) of the Companies Act 2006 (meaning of “undertaking” and related expressions);
“joint venture” means an arrangement, contractual or otherwise, by which two or more parties undertake an economic activity that is subject to joint control.
Your change, as a redline
24 Connected employers
(1) For the purposes of section 49(2)(b) of the Pension Schemes Act 2021 (interpretation of Part 1), an employer (“A”) is connected with another employer (“B”), and an employer which is a group undertaking of A is connected with an employer which is a group undertaking of B—
(a) where A and B have separate legal identities but are structured so that the economic position of the shareholders of each is, as far as practicable, the same as if they held shares in a single company comprising the combined businesses of A and B;
(b) where A employs members of the scheme jointly with B;
(c) in respect of active members of the scheme, following a transfer of those members to A from B;
(d) where A holds or controls, or in the previous six months has held or controlled, at least 33% of the voting power in B;
(e) where A is, or in the previous six months has been, engaged in a joint venture with B.
(2) In paragraph (1)—
“active members” has the meaning given in section 124(1) of the Pensions Act 1995;
“group undertaking” has the meaning given in section 1161(5) of the Companies Act 2006 (meaning of “undertaking” and related expressions);
“joint venture” means an arrangement, contractual or otherwise, by which two or more parties undertake an economic activity that is subject to joint control.
One line that says what changes, such as "Halve the dog tax".
Who it helps, what it costs, what it fixes. It is what persuades people to support it.
A proposal here is not law. Support on Solon is evidence that people want the change; the official route says what it takes to make it law.
Sign in to file your proposal. What you have written stays on this page.
Ask what your change would do, who would gain and who would bear a cost, and where something like it is already law. The assistant reads your draft as it stands, cites the law and the studies it finds, and takes no side. What you file stays yours.