Pensions schemes continue to face a daunting workload with major initiatives being continually announced and progressed. These significant changes will be wide reaching and inevitably give rise to risks that balls may be dropped. The list includes: the regulator's new guidelines and standards addressing the risks arising from cyber threats and AI; various new GDPR obligations including impact assessments prompted by Pension Dashboards (going live in 2026); the burdens created by the imposition of inheritance tax on pensions; reforms around small pots; the agenda to improve value by using super funds; new legislative amendments to resolve the Virgin Media issues; and new rules to make the payment of surplus to employers easier. This list is not exhaustive, even before considering the implications of the highly anticipated judgment expected imminently in the Pension Trust Litigation.