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As the Pension Schemes Bill reaches its final phase, Morten Nilsson, CEO, Brightwell said: “The Pension Schemes Bill will introduce a number of important reforms which will shape the future direction of travel for pensions for decades to come.
“While the detail will continue to be scrutinised, it reflects a broad consensus on the need to improve long‑term outcomes for members, provide greater clarity and optionality for scheme sponsors, and ensure the pensions system is equipped to meet future challenges.”

Head of Communications and External Relations
Run-on has decisively overtaken buy-out as the dominant endgame for the UK’s largest defined benefit (DB) pension schemes. Seven in ten (70%) now target run-on, nearly double the 38% recorded just twelve months ago, while buy-out has collapsed to just 4%, according to new research published today by Brightwell in partnership with mallowstreet.
Find out more about “Endgame and Surplus report 2026: Run-on now dominant endgame for large DB schemes”30/03/2026
Brightwell, the comprehensive services provider for defined benefit (DB) pension schemes, has been certified as a Great Place To Work.
Find out more about “Brightwell certified as a Great Place To Work”25/03/2026
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