Latest articles from Tom Higgins

Treasury delays NHS scheme McCloud remedy to October 2023

Neil Hall/Reuters

The McCloud remedy for the NHS Pension Scheme has been pushed back to October 2023 on the back of Treasury delays in producing required documents.

Pension dashboards near live testing stage

News on the go

On the go: The Pensions Dashboards Programme has moved into the testing of digital architecture phase, with more than 20 organisations taking part as early participants, programme principal Chris Curry has said.

TPR: Improved funding steering DB sector towards buyout


Around nine in 10 defined benefit trustees and employers now have a long-term objective in place, with positioning for a buyout more common than reaching a position of low dependency.

Switching providers too difficult for employers, DWP finds


Companies rarely switch pension providers as the process is too onerous, the Department for Work and Pensions has discovered. 

Post-pandemic retirement surge increases LGPS expenditure


A rise in the number of people retiring following the pandemic contributed towards a 6.6 per cent increase in Local Government Pension Scheme expenditure, new data from the Department for Levelling Up, Housing and & Communities has revealed.

Insurance market faces ‘unprecedented’ scheme demand


The market for UK defined benefit pension schemes to transfer their liabilities to insurers is set to climb sharply, analysis by consultancy LCP has found.