All News articles – Page 14
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NewsShould pension schemes access illiquid markets through investment trusts?
Former pensions minister Baroness Ros Altmann is among those calling for closed-ended listed funds to be included in the scope of the Pension Schemes Bill to give more options for private markets investment.
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NewsDashboard testing schedule begins as regulator urges action on ‘data debt’ [updated]
Testing of the MoneyHelper Pensions Dashboard will run until 2026, according to the Pensions Dashboards Programme, with up to 20,000 people expected to participate over the course of the project.
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NewsWiltshire announces LGPS Central as new pooling partner
The decision, which must be validated by the other LGPS Central partner funds, comes after the government ordered the Brunel and ACCESS pools to be disbanded.
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NewsPension funds urge positive collaboration with policymakers on market reform
Pension investors responsible for a collective £150bn in assets are seeking to engage positively with policymakers to ensure shareholder rights are protected in capital markets reforms.
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NewsEngineering organisation secures £40m buy-in with PIC
The transaction secures the benefits of all 200 members of the Institution of Mechanical Engineers’ defined benefit pension scheme.
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NewsM&G backs £205m buy-in for Huntsman Pension Scheme
The deal insures the pensions of more than 660 retirees and deferred pensioners and was completed in the first quarter of 2025.
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NewsAdministrators spared as HMRC adjusts IHT plans, but industry warns problems remain
Death in service benefits are excluded and reporting will not be the responsibility of administrators, according to HMRC’s draft legislation for changes to inheritance tax rules.
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NewsPension funds bring in Australian ratings firm to support value for money work
SuperRatings – which assesses Australian superannuation funds – attended an industry event to help UK pension funds and regulators develop this country’s value for money regime.
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NewsAviva launches ‘guided retirement’ offering for master trust members
Aviva is the latest company to introduce a flexible retirement product, with the Pension Schemes Bill requiring providers to offer default pension income solutions.
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NewsWhat the Pensions Commission will do – and what it won’t
The government has set out the terms of reference for the Pensions Commission, but also omitted several areas as being “out of scope” – which has led one former pensions minister to warn that the commission has “one arm tied behind its back”.
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NewsChurch scheme secures £4m buy-in as smaller deals set to increase
New endgame options and macroeconomic conditions have slowed the bulk annuity market, according to Broadstone, but deals for smaller pension schemes are expected to continue to grow.
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NewsMeet the new Pensions Commission
The newly revived Pensions Commission will lead the government’s review into retirement adequacy. Pensions Expert looks at who’s on the panel and what they bring to the role.
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NewsTrustees urge Pensions Commission to consider housing and rental costs for retirees
The Association of Member Nominated Trustees has called for the new commission to incorporate housing costs into their research on pensions adequacy.
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NewsPensions Commission relaunched: ‘Significant job to finish’ on retirement living standards
Pensions UK, the industry trade body, will feed into the new Pensions Commission, while the regulator and the Institute for Fiscal Studies have also voiced their support.
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NewsGovernment resurrects Pensions Commission to oversee adequacy review
Baroness Jeannie Drake – who was one of the authors of the Turner Report – is one of three senior figures tasked with investigating retirement income adequacy and inequalities.
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NewsPPI’s Suzy Morrissey to lead state pension age review work
The government has launched its latest statutory review of the state pension age, which is due to rise to 68 by the 2040s.
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NewsTPR outlines ‘new strategy’ for trusteeship standards in corporate plan
Customer service, value for money and improving governance are among the Pensions Regulator’s key priorities for the year ahead as it looks to pave the way for the changes heralded by the Pension Schemes Bill.
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NewsNow Pensions slapped with £100k fine for reporting failures [updated]
The master trust and its trustee company have been fined £50,000 each over communication failings and issues around reporting incidents to the Pensions Regulator.
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NewsLiz Kendall indicates adequacy review to begin next week
The work and pensions secretary told MPs yesterday that she was “very concerned” about the challenges facing pension savers and that the government would have “more to say” next week before parliament goes to recess.
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NewsPMI criticises omission of adequacy review from Mansion House speech
Rumours had swelled in recent days that the chancellor would use her address to announce phase two of the government’s Pensions Review.