As Pension Awareness Week begins, new research from Aptia shows more and more people are relying on their pension provider’s digital services to make key decisions about their retirement.
High street chain Timpsons and food group Vestey are behind the launch of Arboreum Pensions, the latest collective defined contribution pension scheme to apply to the Pensions Regulator for approval.
A Royal London survey estimates that six million people don’t know how they will pay their rent or mortgage in retirement, as evidence mounts of the impending housing crisis for future pensioners.
The government’s aim to create £25bn defined contribution “megafunds” needs more flexibility and to reflect how assets are invested and governed in practice, according to responses to its latest consultation.
The Pensions Management Institute is stepping up its efforts to increase the number of trustees working with defined contribution (DC) master trusts with an expanded Trustee Accelerator Programme.
“Waiting until late 2027 for draft regulations leaves the industry in limbo, threatening to stall vital investment and stifle innovation at a time when providers should be preparing for 2030,” says the SPP’s Chris Austin.
Pension schemes need a clearer picture of where artificial intelligence is being used across their operations and supply chains as adoption accelerates, according to technology firm Penfold.
The significant acquisition is due to complete at the end of August, with Trafalgar House’s administration team joining the existing function led by Kevin Howard.
High street chain Timpsons and food group Vestey are behind the launch of Arboreum Pensions, the latest collective defined contribution pension scheme to apply to the Pensions Regulator for approval.
TPT Retirement Solutions has introduced a new modelling capability designed to support the launch and ongoing management of collective defined contribution pension schemes.
Collective DC could “revolutionise” the UK pension system, according to Aon’s Chintan Gandhi, as the consultancy prepares to launch an offering in 2028.
The Pensions Regulator has opened its application process for multi-employer CDC pension schemes, with providers expected to begin submitting their proposals later this year.
Pensioner poverty has risen steadily since 2012-13, driven largely by worsening outcomes among single retirees, with women making up two-thirds of single pensioners in poverty, according to LCP.
The Financial Conduct Authority (FCA) and the Department for Work and Pensions (DWP) have extended their consultation period for the planned Value for Money framework by two weeks.
Employers are being urged to strengthen pension scam awareness as artificial intelligence makes fraudulent communications harder for savers to distinguish from legitimate contact.
TPT Retirement Solutions has introduced a new modelling capability designed to support the launch and ongoing management of collective defined contribution pension schemes.
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