Pension Schemes Act 2026
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
70 Management documents
(1) The responsible body of an operating superfund must ensure that each of the management documents— (a) is prepared in relation to the superfund, (b) complies with any requirements as to form or content specified in regulations made by the Secretary of State, and (c) is kept under review and revised if appropriate. (2) The responsible body of an operating superfund must ensure, so far as reasonably practicable, that the superfund is managed and administered in accordance with the management documents. (3) “The management documents” means— (a) a business plan; (b) a governance manual; (c) a continuity strategy; (d) a fees and expenses policy. (4) In subsection (3)— “continuity strategy” means a strategy for protecting the interests of members of the superfund scheme if an event of concern occurs; “fees and expenses policy” means a document setting out how fees and expenses incurred by the superfund will be funded; “governance manual” means a document setting out how and by whom the superfund is managed and administered. (5) Section 10 of the Pensions Act 1995 (civil penalties) applies to the responsible body if it breaches subsection (1) or (2). (6) The Secretary of State may by regulations amend this section for the purpose of adding, removing or varying a management document in subsection (3). (7) Regulations under subsection (1)(b) are subject to the negative procedure. (8) Regulations under subsection (6) are subject to the affirmative procedure.
70 Management documents
(1) The responsible body of an operating superfund must ensure that each of the management documents— (a) is prepared in relation to the superfund, (b) complies with any requirements as to form or content specified in regulations made by the Secretary of State, and (c) is kept under review and revised if appropriate. (2) The responsible body of an operating superfund must ensure, so far as reasonably practicable, that the superfund is managed and administered in accordance with the management documents. (3) “The management documents” means— (a) a business plan; (b) a governance manual; (c) a continuity strategy; (d) a fees and expenses policy. (4) In subsection (3)— “continuity strategy” means a strategy for protecting the interests of members of the superfund scheme if an event of concern occurs; “fees and expenses policy” means a document setting out how fees and expenses incurred by the superfund will be funded; “governance manual” means a document setting out how and by whom the superfund is managed and administered. (5) Section 10 of the Pensions Act 1995 (civil penalties) applies to the responsible body if it breaches subsection (1) or (2). (6) The Secretary of State may by regulations amend this section for the purpose of adding, removing or varying a management document in subsection (3). (7) Regulations under subsection (1)(b) are subject to the negative procedure. (8) Regulations under subsection (6) are subject to the affirmative procedure.
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.
Sign in to file itThink it through
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.