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UK moves to cap ministers' powers over pension funds investments after pushback

By Sofia Gerace ( April 10, 2026, 13:59 GMT | Insight) -- The UK government has proposed amendments to the upcoming pensions bill to cap a reserve power that would allow ministers to force pension funds to invest in specific assets. The Labour administration introduced the Pension Schemes Bill pledging to simplify Britain’s pension system, consolidate small pots into larger ones, and improve returns for savers.The UK government has proposed amendments to the upcoming pensions bill to cap a reserve power that would allow ministers to force pension funds to invest in specific assets....

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