# The Occupational Pension Schemes (Preservation of Benefit) (Amendment) Regulations 2026

S.I. 2026/580 · made 2 June 2026

These Regulations amend the Occupational Pension Schemes (Preservation of Benefit) Regulations 1991 (S.I. 1991/167) (“the Preservation Regulations”).

Made under: Pension Schemes Act 1993 (Section 73, Section 182)

PDFs: Printed copy https://openlegislation.uk/occupational-pension-schemes-preservation-of-benefit-amendment-regulations-2026/pdf/uksi_20260580_en.pdf; UK Explanatory Memorandum https://openlegislation.uk/occupational-pension-schemes-preservation-of-benefit-amendment-regulations-2026/pdf/uksiem_20260580_en_001.pdf

## Introductory text

PENSIONS
Made 2nd June 2026
Laid before Parliament 3rd June 2026
Coming into force 31st July 2026
The Secretary of State makes these Regulations in exercise of the powers conferred by sections 73(4)(b) and 182(2) of the Pension Schemes Act 1993.
In accordance with section 185(1) of that Act, the Secretary of State has consulted such persons as they consider appropriate.

## 1 Citation, extent and commencement

(1) These Regulations may be cited as the Occupational Pension Schemes (Preservation of Benefit) (Amendment) Regulations 2026.
(2) These Regulations extend to England and Wales and Scotland.
(3) These Regulations come into force on 31st July 2026.

## 2 Amendment of the Occupational Pension Schemes (Preservation of Benefit) Regulations 1991

In regulation 12 of the Occupational Pension Schemes (Preservation of Benefit) Regulations 1991 (transfer of member’s accrued rights without consent), after paragraph (7) insert—
“(7A) The condition set out in this paragraph is that the receiving scheme or section is authorised under Part 1 of the Pension Schemes Act 2021.”.

## Signature

Signed by authority of the Secretary of State for Work and Pensions
Torsten Bell
Parliamentary Under-Secretary of State
2nd June 2026
Department for Work and Pensions

## Explanatory note

(This note is not part of the Regulations)
These Regulations amend the Occupational Pension Schemes (Preservation of Benefit) Regulations 1991 (S.I. 1991/167) (“the Preservation Regulations”).
Regulation 12 of the Preservation Regulations sets out the conditions under which an occupational pension scheme may, instead of providing short service benefit (see section 71(1) and (2) of the Pension Schemes Act 1993 (c. 48)), provide for a member’s accrued rights to be transferred to another scheme without the member’s consent. Regulation 12(7) to (9) specifies the conditions under which a member’s relevant money purchase rights (see regulation 12(11)) can be transferred without their consent.
These Regulations insert a new paragraph to permit transfers of members’ relevant money purchase rights without the members’ consent where the receiving scheme or section is a collective money purchase scheme authorised under Part 1 of the Pension Schemes Act 2021 (c. 1).
A full impact assessment has not been produced for this instrument as no, or no significant, impact on the private, voluntary or public sectors is foreseen.

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Source: https://www.legislation.gov.uk/uksi/2026/580 (the official version)
Page: https://openlegislation.uk/occupational-pension-schemes-preservation-of-benefit-amendment-regulations-2026
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.