Barnett Waddingham has submitted the first actuarial valuation under the new Defined Benefit (DB) Funding Code, completing the assessment for the Pension and Life Assurance Plan of the Royal Society under the bespoke route

The Pension Schemes Bill is set to return to parliament today (7 July) for its second reading, with Pensions Minister, Torsten Bell, suggesting that the pace of pension reform is now "ramping up"

The aggregate surplus of UK defined benefit (DB) pension schemes against long-term funding targets remained “extremely positive” at £189bn in June, a fall of £2bn compared to the end of last month, analysis from XPS Group has revealed

The National Association of Head Teachers (NAHT), alongside other education unions, has welcomed the news that the country's largest multi-academy trust (MAT) will not implement a controversial proposal to give teachers the chance to opt out of the Teachers’ Pension Scheme (TPS) this September

Defined contribution (DC) megafunds have the potential to be a “game changer” for pension savers and the UK economy, according to WPI Economics, but only if policymakers and regulators properly manage the broader ecosystem

Over 50 per cent of pension schemes now offer members additional retirement support beyond the statutory minimum, analysis from Aon has found, with many schemes looking to provide increased support and flexibility to members at retirement