Latest articles from Pádraig Floyd

Disappointment over DB funding code delay

Delayed sign

When the Pensions Regulator released its 2023-24 corporate plan last week, it revealed that it had put its long-awaited and much-vaunted defined benefit funding code on the back burner.

Inflation falls but remains high enough to do damage

Inflation Calculator

The rate of inflation has remained in double digits at 10.1 per cent for March.

Report: parliamentarians call for greater accountability of regulators

Parliament

A new report has called for greater parliamentary oversight of the UK's regulatory bodies.

Three-quarters of UK adults are ignorant of their pension savings

Question Mark

Three in every four people (75 per cent) are ignorant of how much they have saved in their pensions, according to new research by Standard Life.

UCU declares ‘historic victory’ over recovery of ‘stolen pensions’

Raised Hand

The University and College Union has declared a “historic victory” after members voted overwhelmingly by 85 per cent to move forward with pension proposals agreed with employers, leaving the door open for benefits to be restored.

DB funding remains strong, but transfers remain high risk

Coins

The March 2023 PPF 7800 index estimates that the aggregate surplus of the 5,131 schemes it covers has decreased over the month to £359.3bn, from a surplus of £381.4bn at the end of February, a fall of almost 6 per cent.

Real estate asset managers set to miss carbon reduction targets

Carbon reduction

New research shows that almost all commercial real estate assets managed by asset management companies will fail to reach their carbon emissions reduction targets.

Report: UK workers face more than £115,000 retirement income deficit

Hand protection pension pot

A new report puts a figure of £115,000 as the retirement income deficit UK workers who rely solely on pension contributions will face once they retire.

Next generation will live beyond their means in retirement

iStock

A generation of retirees is unsure about their financial position and needs support to understand it, according to a new study by The Wisdom Council.

USS confirms full restoration of benefits on course for April 2024

Chris Ison/PA Images

The Universities Superannuation Scheme has confirmed that restoring benefits cut last year will cost less than employers and staff are currently paying into the pension scheme.