Paul McGlone’s last op-ed as president of the Society of Pension Professionals sees him make an impassioned plea not to abandon hope and impetus behind the dashboards project, a once-in-a-lifetime opportunity to solve the industry’s engagement problem.

The defined benefit pensions industry has reached a tipping point, writes Paul McGlone, president of the Society of Pension Professionals.

Most defined benefit schemes are headed for buyout or self-sufficiency, but few acknowledge this aim in any formal way. Regulators look set to change this soon, writes Society of Pension Professionals president Paul McGlone.

Since the Department for Work and Pensions published its white paper on defined benefit sustainability, two DB commercial consolidators have emerged. Paul McGlone, president of the Society of Pension Professionals and partner at Aon, discusses what the government’s authorisation and supervision process for commercial consolidation might look like.

The Pension Protection Fund's surplus has the power to significantly alter the fortunes of the UK's defined benefit members and employers, writes Society of Pension Professionals president Paul McGlone, but deciding when, how and to whom to distribute it will prove an intriguing challenge.

The code submitted by Chris Sier's working group on cost disclosure should make a material and positive difference to the industry, writes the Society of Pension Professionals' president Paul McGlone, but schemes have an obligation to make use of this new information.

Consolidators looking to profit from pensions look to have government support, says the Society of Pension Professionals' Paul McGlone, but those schemes in most desperate need of access to scale are unlikely to make attractive business.