Trustees and employers have backed surplus flexibility and retirement income solutions in the Pension Schemes Bill – but Sackers warns that pensions adequacy risks being overlooked.
More than 20 major employers have committed to prioritising pension value over cost, in a move designed to improve outcomes for millions of UK workers.
New research claims that the government could achieve its inheritance tax goals on pensions without burdening grieving families or undermining retirement saving.
Raj Mody will succeed Andy Cheseldine as chair of Smart Pension’s master trust board on 1 September.
The £800m transaction secures the retirement benefits of more than 1,700 retirees and 3,000 deferred members, and included a deferred premium element to help the trustees manage illiquid assets.
Dawn Turner, former chief executive of the Brunel Pensions Partnership, looks back on a busy year so far as she prepares to chair Pensions Expert’s Defined Benefit Strategic Summit in September.
The recent signing of the Mansion House Accord by 17 major UK pension schemes has put pensions and investment returns firmly under the spotlight, writes People’s Partnership chief executive officer Patrick Heath-Lay.
David Whitehair, chair of the Defined Contribution Investment Forum, argues against mandation of asset allocations and instead calls for investible assets and better governance.
In one of the biggest changes to the rules for defined benefit schemes in years, trustees will soon be allowed to relax rules around releasing surpluses. Bina Mistry of the Society of Pension Professionals explains how this could work.
The latest hires, promotions and appointments for the week ending 11 July 2025.
The latest hires, promotions and appointments for the week ending 4 July 2025.
The latest hires, promotions and appointments for the week ending 27 June 2025.
The latest hires, promotions and appointments for the week ending 20 June 2025.
More than 20 major employers have committed to prioritising pension value over cost, in a move designed to improve outcomes for millions of UK workers.
Raj Mody will succeed Andy Cheseldine as chair of Smart Pension’s master trust board on 1 September.
The asset management industry’s trade body has said the planned ‘targeted support’ regime for people approaching retirement will be “critical” in ensuring good outcomes.
The master trust made a “modest” profit for the first time in the 2024-25 financial year, allowing it to begin repaying its £1.2bn government loan.
The £800m transaction secures the retirement benefits of more than 1,700 retirees and 3,000 deferred members, and included a deferred premium element to help the trustees manage illiquid assets.
Ongoing tariff negotiations and the Autumn Budget are among the risks trustees must navigate over the coming months, as well as ongoing discussions around surplus release.
Pension Insurance Corporation, the specialist bulk annuity provider, has been acquired by European insurance giant Athora in a deal worth an estimated £5.7bn.
Pensions UK is calling for urgent government action after DB pension schemes were unexpectedly billed for an administration levy connected to the PPF, with the largest schemes facing bills of hundreds of thousands of pounds.
With connection deadlines coming and going and many organisations already linked up, independent consultant Richard Smith assesses the government’s progress on dashboards and looks at what is still left to do to make them a reality.
Private sector pension schemes with more than 5,000 members and auto-enrolment DC schemes with more than 1,000 members should all be connected by the end of this month.
Around 90% of pension scheme memberships could be connected to the pensions dashboards ecosystem by the end of this year if the current schedule goes to plan.
The government will today introduce the much-anticipated Pension Schemes Bill to parliament, setting the stage for a wide-ranging and ambitious overhaul of workplace pensions in the UK.