# Pension Schemes Act 2026, Section 67: Special provision for certain schemes coming out of assessment period

Extent: E+W+S
Status: prospective

Where in relation to a superfund transfer the ceding scheme is required to be wound up, or its winding up is required to continue, under section 154(1) of the Pensions Act 2004 (pension protection: requirement to wind up schemes with sufficient assets to meet protected liabilities), section 66(2) has effect as though—
(a) paragraph (a) were omitted, and
(b) for paragraph (b) there were substituted—
“(b) that the superfund transfer—
(i) will increase the proportion of the transferred liabilities likely to be satisfied, and
(ii) will not lead to any member of the ceding scheme being worse off than they would be if the superfund transfer were not made;”.

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Source: https://www.legislation.gov.uk/ukpga/2026/22/section/67 (the official version)
Page: https://openlegislation.uk/pension-schemes-act-2026/section-67
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.