M&G’s re-entry into the bulk purchase annuity market takes the number of UK providers to nine, with others expected to follow by the end of the year.

Legal & General (L&G) said the deal, worth around £340m with the Cable and Wireless Superannuation fund has secured the benefits of around 1,800 retirees and deferred members and marks the fund's third and final transaction.

The pensions industry is hoping the second annual Pay Your Pension Some Attention, #Pensionattention, campaign will encourage people to track down lost pensions and save more into the ones they have.

The Consumer Price Index (CPI) edged down in the 12 months to August to 6.7 per cent compared to July’s 6.8 per cent, as falling food prices helped to stall inflation.

M&G has announced a £331m buy-in transaction of the M&G Group Pension Scheme, one of the group’s own pension schemes, as well as a £286m bulk annuity transaction for an external scheme.

Twelves months after Liz Truss’ mini budget exposed weaknesses in liability driven investment (LDI), Pensions Expert looks at what, if any, lessons have been learned.

A private members bill which will mean that workers under the age of 22 are automatically enrolled into a pension, has been granted Royal Assent.

In its Vision 2030 report, the Society of Pension Professionals (SPP) warned that insurance buyouts ‘may not always be the answer’ and diversification of endgame options beyond government gilts was needed to secure the long-term future of all pension schemes.

With many over-55s having no idea what their pension is worth, and many lacking clear financial strategies for their retirement, the need for solutions is more desperate than ever, two pieces of research have revealed.

Policy initiatives including pensions dashboards and value for money, as well as challenges including Covid and cyber leaks, have prompted The Pensions Regulator to change its approach to the regulation of administrators.