Pensions reform roadmap
This pensions reform roadmap helps schemes, providers, advisers and employers prepare for change.
It brings together the main reforms expected between 2026 and 2030, showing how they fit together, when they are expected to happen and what they mean in practice.
The roadmap responds to industry feedback asking for clearer information on the timing and sequencing of reform, and how the programme supports better outcomes for members.
What the roadmap shows
The roadmap gives a single view of reform across three connected areas:
- transforming the defined contribution (DC) market, including value for money, guided retirement, small pots, consolidation and collective defined contribution schemes
- securing defined benefit (DB) outcomes and supporting endgame options, including DB surplus, superfunds and Local Government Pension Scheme reform
- modernising regulation, including better administration, stronger governance, data, innovation, scams prevention and long-term system design
Together, these reforms support a pensions system that is better run, offers better value and delivers better outcomes for members.
When reforms are expected to happen
The roadmap sets out reform in three broad phases:
- Enable, 2026 to 2027: legislation, consultation, codes, guidance and early engagement.
- Implement, 2027 to 2028: new regulations, authorisation regimes and data requirements start to take effect.
- Embed and scale, 2028 to 2030: reforms become operational, including value for money assessments, consolidation and expanded retirement solutions.
Timings are indicative and will depend on policy development, legislation and implementation across government, regulators and the pensions industry.
Helping industry prepare
The roadmap brings existing and planned reforms into one place so schemes, providers, advisers and employers can see the direction of travel and prepare in a joined-up way.
We will keep the roadmap under review and update it if there are significant changes to delivery timelines.
