Charlotte Tyrwhitt Drake is poised to take over as chief executive of Pensions for Purpose in January, after joining as a director in July 2020 from Kempen Capital Management.

Teachers’ organisations and pension professionals have given a lukewarm welcome to the Department for Education’s proposal to allow independent schools to retain Teachers’ Pension Scheme membership for existing staff, while at the same time offering private plans for new staff.

The UK could face a tidal wave of insolvencies and job losses in the coming winter months. With this bleak prospect looming, pension professionals are calling for a more pragmatic approach from the Pensions Regulator on scheme funding.

Analysis: With consolidation now the name of the game in the small world of pensions, trustee conflicts of interest could harm millions of pension scheme members’ prospects, as schemes eye superfunds and master trusts with vast sums at stake in fees.

Data crunch: Only a third of defined benefit schemes extended their recovery plan end date in 2019, but pandemic storms are set to see pension funds entering choppy waters, with insolvency looming for some sponsors and trustees being asked to make tough decisions.

Millions of people are still unaware of the loss of a valuable indexed guaranteed minimum pension benefit to their state pension since 2016, as the Department for Work and Pensions still has not complied with an Ombudsman ruling to inform the public of this deprivation.

Doctors are up in arms over a long history of serious pensions admin shortcomings in the lumbering NHS Pension Scheme, some of which are still surfacing.

One in five teachers may be at risk of receiving incorrect information about their pension entitlements, with discrepancies also likely to be found in other decentralised public sector pension schemes with multiple employers.

Data crunch: Experts have decried the radical solution to the small pots’ crisis, a pension for life, despite the threat that sub-scale funds could overwhelm the UK system.