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Corporate governance structures are necessary for sustainable returns for investors, the Pensions and Lifetime Savings Association has said
17/02/17
The calculation of the European Union’s pension liability must be calculated in a ‘reasonable’ way to determine the share the UK must pay upon leaving the European Union, according to a think tank
17/02/17
The latest news in brief and mandates from the past week
17/02/17
The Pensions Regulator is to end regulatory action against the Coats Group following the news that it has confirmed a £225m settlement with the trustees of its pension schemes
17/02/17
One in four, 25 per cent, of new pensioners are to retire in debt this year, in comparison to 20 per cent in 2016, Prudential has found
17/02/17
Firefighters have lost their claim that the new 2015 Firefighters’ Pension Scheme is discriminatory
16/02/17
Atomic Weapons Establishment workers have voted in favour of new pension agreements, putting an end to months of industrial action
16/02/17
The Association of British Insurers has urged the government to delay its ‘tax relief crackdown’ on pensions
16/02/17
Nearly three-quarters, 72 per cent, of pension savers have said that is it important for them to know where their pension pots are invested, Big Society Capital has found
16/02/17
The Financial Reporting Council has announced plans for a ‘fundamental review’ of the UK Corporate Governance Code
16/02/17
Financial advisers must utilise a “more scientific approach” to retirement planning, LV= has said
16/02/17
Thousands of Tata Steel employees have voted in favour of a proposal to alter their pensions
15/02/17
The London Pensions Fund Authority has been accused of funding highly damaging fossil fuel projects, including Donald Trump-backed oil pipelines, by campaign group Divest London
15/02/17
The Investment Association has appointed Peter Harrison as the new chair of its board
15/02/17
The Pensions Regulator’s suggestion that there should be a ban on the establishment of any new Small Self-Administered Scheme (SSAS) risks “throwing the baby out with the bathwater”, AJ Bell senior analyst Tom Selby has said
15/02/17
The Pensions Regulator, government and other regulatory bodies have been largely criticised for their delayed action on pension scams
15/02/17
Proposals by the government to exclude Qualified Recognised Overseas Pension Schemes from a statutory list of approved pension schemes people can transfer in to could “inadvertently hamper some members”, Aries Insight has warned
15/02/17
The government’s proposed reduction of the Money Purchased Annual Allowance from £10,000 to £4,000 is a policy based on ‘limited evidence’ and the government should ‘think again’
15/02/17
Pensioners drawing down an income from their pension savings will have to “think again” when considering how much they are to take from their funds following the recent inflation rise, Prudential has noted
14/02/17
Sackers partner Stuart O'Brien looks at the impact of corporate governance reforms on trustee stewardship
14/02/17
Xafinity has announced its intention to float on the London Stock Exchange on Thursday, with almost £180m expected to be raised by the Initial Purchase Offer (IPO)
14/02/17
Consumers need to be completely protected from “pension cowboys”, the Association for British Insurers has said
14/02/17
The aggregate deficit of all schemes in the PPF 7800 has reduced by £27.4bn as the funding ratio improved to 88.2 per cent
14/02/17
One in five people taking a yearly retirement income of 4 per cent will run out of money in 30 years, Aegon has found
14/02/17
Pension scheme trustees should be added to the list of stakeholders that company directors must have regard to and report on the exercise of their duties to, the Work and Pensions Committee has said
13/02/17
The investments and savings association, TISA, has voiced its support for a single financial guidance body (SFGB) to work closely with financial services firms to assist with the "chronic economic crisis of under-saving"
13/02/17
Pensioner households are £20 a week better off, after housing costs, than typical working age families, according to research by the Resolution Foundation
13/02/17
The future of the UK state pension age is uncertain and likely to rise further in the wake of Brexit, state pension age reviewer John Cridland has said
13/02/17
Unite leader Len McCluskey has warned BMW bosses that “serious industrial action will occur” if they continue to ignore concerns and close the firm’s defined benefit scheme
13/02/17
The Insolvency Service has said it is undertaking a “comprehensive forensic exercise” into BHS
10/02/17
The Institute and Faculty of Actuaries has given its backing to recommendations on climate change disclosure by the Task Force for Climate-Related Financial Disclosures
10/02/17
The Pensions Regulator has announced the appointment of Pauline Wallace and John Swift to its Determinations Panel
10/2/17
A new study into master trusts has found that although they have focused on administration, communication and governance, investment design is much less a priority
10/02/17
Talya Misiri considers why people may choose to invest directly in assets rather than through their pension savings
10/2/17
The latest mandates and news in brief from the past week
10/02/17
The Pensions Regulator has revealed it has paid £1.4m in external costs for the Silentnight legal case
09/02/17
Fees are the “Darth Vader” of the investment business it has been said
09/02/17
The law firm which represented Denise Brewster in her successful appeal to claim a survivor pension from her deceased fiance’s scheme has said that “reform is long overdue”
09/02/17
Pensions could be adapted to help fund old-age care, former Pensions Minister Ros Altmann has said
09/02/17
New research by Leeds University Business School (LUBS) has revealed that although trustee boards lack diversity they tend to be highly educated and are financially literate
09/02/17
The pensions industry has welcomed the “strong line-up” for the advisory group that will be working with the review into auto-enrolment
08/02/17
The government has announces the three themes that will be considered as part of the review into auto-enrolment, whilst also revealing the chairs of the review
08/02/17
Behavioural strategies can “improve decision-making and outcomes” when it comes to pension saving, the Pensions Policy Institute has said
08/02/17
The Supreme Court has ruled that an unmarried woman is eligible to receive a survivor’s pension from her deceased partner’s pension
08/02/17
A quarter of UK pension schemes could return to surplus if they adopted an alternative approach to set their valuations, Punter Southall Transaction Services (PSTS) has found
08/02/17
The Land Securities Group of Companies has completed a £110m buy-in for its FTSE 100 sponsored Pension and Assurance Scheme with Just
08/02/17
BP shares remain as a ‘buy’ for contrarian investors willing to take on an immediate level of risk, despite the company’s profits halving, according to The Share Centre
07/02/17
Talya Misiri questions why it has taken so long for the sector to embrace technology
07/02/17
European head-quartered companies are paying over two times more per employee into their UK pension schemes than their FTSE 350 counterparts, Barnett Waddingham has found
07/02/17
Pension schemes should review lower rates of UK mortality improvement to ensure fair pricing of longevity insurance transactions, Aon Hewitt has reiterated
06/02/17
Laura Blows discusses the importance of keeping the pension scheme’s objectives in mind when making decisions
06/02/2017
Over a quarter of pension savers believe they do not pay any administration fees for their investments, Alliance Trust Savings has found
06/02/17
The official costs of the new pension promises for the UK public sector is understated by £15bn a year, independent pension consultant John Ralfe told the Financial Times
06/02/17
Member nominated trustees play a vital role in ensuring high quality pension scheme governance and safeguarding members, the Association of Member Nominated Trustees has said
06/02/17
The government has confirmed that people will be able to withdraw up to £1,500 tax-free to pay for pensions advice from April 2017.

The Pensions Advice Allowance was first mooted by the government in the Autumn Statement in 2016
03/02/17
Current projections on life expectancy could see the state pension age rise to 74 by 2063, according to the Office for Budget Responsibility
03/02/17
The first month of 2017 saw a 10 per cent increase in consumer interest in annuities compared to January 2016
3/2/17
The latest mandates and news in brief from the past week
03/02/17
Wedlake Bell LLP head of pensions and employee benefits Justin McGilloway and trainee solicitor Katie Whitford look at the practical issues for those looking to transfer their pensions abroad as the UK prepares for Brexit
03/02/17
The concept and education around pensions should be introduced as early as childhood when there are “few behavioural biases”, the Pensions Policy Institute has said
2/2/17
An average male earner who delays their retirement until 65 instead of 55 could increase their pension pot by 60 per cent, according to a government report
02/02/17
The government failed to provide appropriately valued pension lump sums for an estimated 34,000 police and firefighters between 2001 and 2006, the National Audit Office has found
2/2/17
The combined defined benefit FTSE 350 deficit increased by £60bn in the 12 months to 31 January 2017, according to JLT Employee Benefits
02/02/17
The Pensions Regulator is warning employers who ignore their auto-enrolment duties that they could face a County Court Judgment, as its latest enforcement bulletin revealed the number of fines has increased
02/02/17
Raising National Insurance contributions could nudge the self-employed into saving for their pension, Royal London director of policy Steve Webb has said
1/2/17
There is confusion surrounding a missed pension payment by Thames Ambulance to its pension provider Nest
01/02/17
Auto-enrolment should be promoted as a “long-term savings account” to appeal to younger generations, Pensions Minister Richard Harrington has said
1/2/17
A new survey has found that 99 per cent of pension trustees are not focused on paying pensions and instead heavily focused on deficits
01/02/17
Companies could wipe £230bn off pension deficits by refining their approach to life expectancy projections, according to PwC’s Skyval Index
01/02/17
Over 12 million private sector workers will be “outside the auto-enrolment tent” by 2018 if the government does not lower the earnings trigger or find a way to include to self-employed, according to the Association of Consulting Actuaries
01/02/17
Annuity rates increased by 9.9 per cent per £10,000 in the fourth quarter of 2016, according to a report by Moneyfacts
31/01/17
The Pension Scheme Bill is set to increase standards and sustainability of master trusts schemes
31/1/17
The Pensions Regulator is “working” with Ofcom to understand what impact there will be on the BT pension scheme over Ofcom's decision to force BT to split from Openreach
31/01/17
The current parliament’s Pension Schemes Bill has been deemed as “disappointing” and “limited” in a recent parliamentary debate
31/1/17
Talya Misiri considers how appealing to the emotions of the masses can lead to greater pensions engagement
31/1/17
Over a quarter of UK adults, 26 per cent, have been approached about their pension by telephone, email or in the post in the last six months, Phoenix Group has revealed
30/01/17
Pension funds should take into account the risks of climate change to ensure intergenerational fairness in savings returns, the Institute and Faculty of Acutaries has advised
30/1/17
The UK’s pension scheme assets have grown by an average of 6.5 per cent during the last decade, in sterling terms, according to Willis Towers Watson
30/01/17
Sir Philip Green could be days away from signing a £350m deal with The Pensions Regulator to recover BHS' pension scheme deficit
30/1/17
The government is reportedly looking at excluding seasonal workers from auto-enrolment in order to reduce the burden on employers
30/01/17
John Lewis’s pension scheme deficit has dropped by £361m from £840m to £479m, it has been reported
27/01/17
The latest mandates and news in brief from the past week
27/01/17
The number of defined contribution pension scheme members has overtaken the number of members in defined benefit schemes, The Pensions Regulator has revealed
27/01/17
AWE staff have been described as full of confidence as they prepare for their second 48-hour strike this month over their broken pension promises, Unite has said
27/1/17
Pensions Administration Standards Association executive director Fergus Clark discusses the poor quality of governance amongst administrators
27/01/17
Tata Steel UK’s trustee has warned members that it expects to report a one to two billion pound deficit at its next actuarial valuation at the end of March this year, Reuters has reported
27/1/17
Pre-negotiated legal contracts and standardised off-the-shelf processes are two key evolutionary developments that are shaping longevity and bulk annuity markets, Willis Towers Watson has found
26/1/17
The Universities Superannuation Scheme (USS) is set to invest in a majority interest in a $3.1bn portfolio of loans made by Credit Suisse, Reuters has reported
26/1/17
Two in three people, 69 per cent, have never heard of the Lifetime ISA or understand what it is, Aegon has found
26/1/17
Hackney Council’s pension committee has committed to reducing the fund's fossil fuel investments by 50 per cent over the next six years
26/01/17
Registration is now open for the Pensions Age Northern Conference which will take place on Wednesday 7 June 2017 at Leeds Marriott Hotel
26/1/17
Annuities have consistently outperformed both the UK equity income fund and cash ISA returns over the last 10 years, IRESS UK has reported
25/1/17
One in five (22 per cent) of companies signed up to complete their auto-enrolment duties with NOW: Pensions signed up with the provider after their staging date in quarter four of 2016, it has been revealed
25/01/17
Around £9.2bn has been withdrawn from pension pots by savers since the introduction of the pension freedoms in April 2015, the government has revealed
25/01/17
The industry has voiced more concerns over the Lifetime ISA as the FCA consultation on rules for the sale of LISAs comes to a close
25/01/17
Registration is now open for the Pensions Age data seminar which will take place on Friday 7 April at the Hilton London Tower Bridge
25/1/17
The Financial Conduct Authority has issued an alert to pension firms warning them of their vulnerability to ‘smarter scams’
24/01/17
Pension funds enjoyed the highest returns last year since 2009, Moneyfacts has revealed
24/1/17
Engage Works and Brand Biology chairman Nick Burns discusses why it's time for pensions to get creative
24/01/17
An estimated £18bn was spent on bulk annuities in 2016, Aon has revealed
24/1/17
A majority of employers, 62 per cent, would consider redirecting their employer pension contributions to a LISA depending on the tax treatment of the contributions, Jelf Employee Benefits has found
24/01/17
Union representatives for the Atomic Weapons Establishment (AWE) are to meet defence procurement minister Harriet Baldwin, today, to urge her to intervene to resolve an ongoing pensions dispute
24/01/17
The Pensions and Lifetime Savings Association has backed the Department for Work and Pensions proposed methodology for converting a guaranteed minimum pension to a scheme pension
23/01/17
Thousands of pounds worth of personal financial data is being shared for minuscule costs, Which? has found
23/1/17
The Pension Insurance Corporation (PIC) has completed a pension insurance buy-in of approximately £100m with the trustee of the Alcatel-Lucent pension scheme
23/1/17
Scottish Widows has decided to remove early exit fees across its workplace and personal pension policies
23/1/17
In the aftermath of Trump's inauguration, the total UK defined benefit pension scheme deficit has fallen by over £200bn, Hymans Robertson has revealed
23/1/17
Natalie Tuck looks at whether the industry is onside with the idea of compulsory data sharing for the pensions dashboard
20/01/17
Tata Steel's pension fund has rejected city financier Edi Truell’s repeated attempts to recover the pension fund, noting it is an “unacceptable risk”, Reuters has revealed
20/1/17
More than one in five people with multiple pensions have lost track of one or all of their pensions, Aegon has found
20/1/17
Bringing you the latest news in brief and mandates from the past week
20/01/17
Pension funds must provide scheme data if the pensions dashboard is to be a success, industry figures have argued
19/1/17
Unite general secretary Len McCluskey has told striking staff at the Atomic Weapons Establishment that defence secretary Michael Fallon must honour pension promises made a quarter of a century ago
19/1/17
Up to £25bn could be erased from the collective UK defined benefit deficit if more accurate assumptions on longevity are made, Club Vita has said
19/1/17
Sandwich chain Subway has awarded Yorkshire pension firm Workplace Pensions Direct a contract to advise on the chain’s auto-enrolment dutie
19/01/17
The Financial Conduct Authority has banned advisory firm Bank House Investment Management from undertaking regulated activities over concerns it has with its pension transfer business
18/01/17
The Pensions and Lifetime Savings Association has called on investors to take a tougher stance on those who set executive pay policy
18/1/17
Head of retirement policy at Hargreaves Lansdown, Tom McPhail, has been unanimously chosen to chair a cross-industry group on pension and investment transfers
18/1/17
Just two grandparents per parliamentary constituency are benefitting from a scheme designed to help grandparents who make sacrifices to enable their daughters to get back to work, Royal London has found
18/1/17
One in seven companies signed up to set up their pension with Aviva missed their auto-enrolment staging date in quarter four of 2016
18/01/17
The Pensions and Lifetime Savings Association has outlined three elements that are needed to ensure Brexit works well for pensions
17/01/17
The ACA's Bob Scott reveals the findings of its Smaller Firms Pension Survey and why a flexible state pension age may be best for society
17/01/2017
The PMI's Tim Middleton explains why collective DC could be the answer to the most common DC problems
17/01/2017
A former pensions adviser to Boris Johnson is looking to rescue Tata Steel’s £15bn pension scheme, Sky News has reported
17/1/17
The Consumer Price Index rate of inflation rose by 1.6 per cent in the year to December 2016, its highest increase since July 2014, the Office for National Statistics has said
17/01/17
The PLSA's James Walsh explains why Brexit is not the only European upheaval ahead for pension funds
17/01/2017
Andrew Warwick-Thompson highlights The Pensions Regulator's 2017 focus on raising stewardship standards
17/01/2017
Laura Blows questions whether we should hear key industry figures’ personal retirement decisions
17/01/2017
Those calling for the reinstatement of a permitted investments list in the Self-Invested Personal Pension (SIPP) market believe it would have a positive effect in the battle against pension scams
17/01/17
Almost one in three pension schemes have been affected by fraud, with victims undergoing a threefold rise in scams in the last year alone, RSM has found
17/1/16
Claims of over 200 judges that they were discriminated against on the grounds of age, race, sex and equal pay in relation to changes made to their pensions by the Ministry of Justice have been upheld
16/01/17
Retirement advisers have been encouraged to discuss property wealth in addition to pensions to generate retirement income
16/1/17
There is no protection for trustees wanting to use the Department for Work and Pensions proposed new method of GMP equalisation against the risk of it being challenged in court, Sackers has said
16/01/17
The company founded by the merger of Just Retirement Group and Partnership Assurance has unveiled its new overarching brand - Just
16/1/17
Over half, 53, of FTSE 100 companies could clear their defined benefit pension scheme deficits if they withhold dividend payments for around two years, JLT Employee Benefits has found
16/01/17
BHS administrator Duff & Phelps has accused the Pension Protection Fund of dominating the entire process and increasing the cost of dealing with the chain’s collapse, The Times has reported
16/1/17
Forty per cent of employees transferring their defined contribution pot are unable to rejoin their employer’s pension scheme and receive the same employer contribution as to prior the transfer, Wealth at Work has revealed
16/01/17
The government has rejected a proposal of an annual review on the impact of the Lifetime ISA on auto-enrolment opt-out rates
13/01/17
Tata Steel has reportedly offered “hundreds of millions” of pounds to the British Steel Pension Scheme in a bid to reach a deal which would see the pension scheme release its guarantee over Dutch assets it holds
13/01/17
The Transparency Task Force has issued an open letter to the Work and Pensions Committee to emphasise the need for greater transparency of costs and charges in the pensions industry
13/1/17
A weekly round-up of news in brief and mandates from the pensions industry
13/01/17
Members of the CovPress pension scheme have been saved from entering the Pension Protection Fund as the company’s new owners have agreed to take on the scheme
12/01/17
The Atomic Weapons Establishment’s workers have announced their plans to stage two 48-hour strikes over its ‘broken promises’ pensions dispute
12/1/17
Customers risk making themselves poorer when choosing retirement products with guarantees, Milliman has found
12/1/17
The Pensions Regulator has been successful in a legal challenge regarding an anti-avoidance case concerning the Silentnight Group defined benefit pension scheme
12/1/17
The trustee of the Civil Aviation Authority (CAA) pension scheme has completed a £90m buy-in with the Pension Insurance Corporation
12/01/17
Aliaxis UK Defined Benefit Pension Scheme has completed a £36m bulk annuity deal with Just Retirement
12/1/17
Thirteen international asset owners and five asset managers with over £2trn under management launched the Transition Pathway Initiative at the opening of the London Stock Exchange stock market this morning
11/1/17
A majority of 80 per cent of working age individuals are not adequately saving for their retirement, the deVere Group has found
11/1/17
The pensions industry has been urged to work together to agree processes and implement data sharing standards in order to create the pension dashboard, ITM has urged
11/01/17
Disposable income amongst retired households has risen by 3.8 per cent since 2009/10, new figures from the Office for National Statistics revealed yesterday, reporter Talya Misiri takes a look at the generational divide this is causing
11/1/17
The government is in court facing a legal challenge from the Fire Brigades Union (FBU) over the introduction of a new pension scheme in 2015, which 'discriminates' against younger firefighters
10/01/17
The government has “no plans to do anything further” in terms of providing greater relief for Waspi women, Pensions Minister Richard Harrington stated
10/1/17
Just 8 per cent of people speak to a financial adviser before making a financial decision, new research by Aegon has found
10/01/17
Politicians should not intervene in the Tata workers’ ballot over their pension scheme changes, Unite union has said
10/1/17
The aggregate deficit of the PPF 7800 deficit rose by £29.2bn over the month in December 2016, it has been revealed
10/01/17
The union for nuclear workers, GMB, has today announced its plan to initiate a strike ballot over the £660m broken promises pension cuts for nuclear workers
9/1/17
A survey of senior-decision makers at small and medium enterprises has found that the majority, 51 per cent, are in favour of auto-enrolment for low paid workers, according to The People’s Pension
09/01/17
Tata Steel’s defined benefit pension scheme closure could compromise jobs at German steelmaker Thyssenkrupp, it has been revealed
9/1/17
The Pensions Regulator has issued its first fines against master trust schemes that failed to complete a chair’s statement
9/1/17
Professional social networking site LinkedIn is in talks with Aviva to launch a service designed to help people trace their lost pension pots, The Times has reported
09/01/17
Bernard Matthews’ trustees and the Pension Protection Fund have initiated a probe into whether the company’s pension scheme was robbed of funds before falling into administration last year, the Financial Times has reported
09/01/17
Companies will need an extra £10bn a year over the next decade to fund the pensions gap created by the Brexit vote, according to the PwC’s Skyval Index
09/01/17
With 2016 firmly securing its place in the most shocking year hall of fame, especially when it comes to politics and celebrity deaths, Pensions Age takes a look at what is on the agenda for pensions in 2017
06/01/17
Longevity predictions informing provisional state pension ages create a “false illusion”, Club Vita has claimed
6/1/17
The upcoming year will be a “busy year” for pensions cases heard in the courts, law firm Gowling WLG has noted
06/12/16
The £8.25m sale of Johnson Service Group’s (JSG) dry cleaning business to Timpson Group has benefitted its defined benefit pension scheme by £1.5m
6/1/17
Trade unions representing 16,000 nuclear industry workers across the UK are to meet on 9 January to consider strike action regarding £660m broken promises on pensions
5/1/17
With news that the Treasury has not included pensions as a way to save in 2017 from an infographic it has produced, Natalie Tuck looks at why this isn't just a careless omission
05/01/17
The proposed reclassification of Local Government Pensions Schemes as retail investors by the Financial Conduct Authority threatens the ability of the funds, according to the Pensions and Lifetime Savings Association
05/01/17
The Pension Protection Fund is seeking to recover £75m from the administrators of Bernard Matthews, the Financial Times has reported
5/1/17
The countdown to triggering Article 50 has led to a significant uplift in overseas pension transfers, the deVere Group has revealed
5/1/17
The GKN Group pension scheme trustee has secured an approximate £190m pension buyout with the Pension Insurance Corporation
5/1/17
Royal Mail has today launched a consultation with members of its pension plan and its trade unions regarding the future of the scheme
5/1/17
Defined benefit transfer values ended up 15 per cent at the end of December 2016, according to the Xafinity Transfer Value Index
4/1/17
The new year will see over £30bn of insured liabilities through buy-ins, buyouts and longevity swaps, Willis Towers Watson has predicted
4/1/17
The Pension Insurance Corporation, (PIC) has provided £87m of funding as the sole investor in a 46-year index-linked secured loan sponsoring the University Partnerships Programme (UPP)
4/1/17
The UK defined benefit pension scheme deficit for FTSE 350 companies at 30 December 2016 rose to more than three times higher than the total at the end of 2015, Mercer has revealed
4/1/17
Over one million over-45s have fallen victim to email scams, Aviva Life UK has revealed
04/01/17
More than 50 per cent of small and micro businesses have said that they view auto-enrolment as a burden to their finances, a recent survey has revealed
03/01/17
The Pensions Advisory Service has launched a new self-service scam tool which gives information and guidance to those who may be too worried or embarrassed to verbalise their concerns
03/01/17
Former Pensions Minister Steve Webb and The Pensions Regulator’s executive director of auto-enrolment Charles Counsell have been awarded a knighthood and OBE for their work in the industry
03/01/17
The Department for Work and Pensions and the Treasury have been warned in a response to the Cridland review that they are “developing fundamentally contradictory expectations” of the pensions system
03/01/17
Defined benefit pension scheme deficits for all UK private sector pension schemes soared by over £200bn in 2016, according to JLT
03/01/17
The Work and Pensions Committee's call for a review of The Pensions Regulator's powers, the PPF and pensions trustees "show a movement for change", it has been said
21/12/16
The Department for Work and Pensions has called for evidence on how it could improve rules concerning bulk transfers of defined contribution schemes without member consent
21/12/16
The Work and Pensions Committee has called for The Pensions Regulator to be allocated greater powers to intervene where employers fail to fulfil their pension commitments
21/12/16
Fund managers could be overcharging UK investors approximately £6.7bn for costly actively managed funds each year, Salisbury House Wealth has revealed
21/12/16
The Shipbuilding Industries Pension Scheme (SIPS) has almost completed investing in a property management fund through First Property Group plc
20/12/16
Over the last few years there have been some monumental changes in pensions policy in the UK with 2016 seeing a continuation of these policies as well as the introduction of some new ones, Barnett Waddingham senior consultant Malcolm McLean looked back over the year
20/12/16
Reporter Talya Misiri reflects on her first six months in the pensions industry.
Looking for a challenge in financial journalism, joining the Pensions Age team at the time that I did, (28 June 2016), was certainly that
20/12/16
Laura Blows reviews what has been a surprising year for the pensions industry and beyond
20/12/2016
HM Revenue and Customs is asking for far more information and documents when authorising new small self-administered schemes (SSASs) to prevent “inappropriate SSASs being established”, Dentons Pensions Management has highlighted
20/12/16
The Pension Scheme Bill will place member communications high up on its agenda, a parliamentary update has revealed
19/12/16
The government has launched a consultation on the introduction of a new financial guidance body expected in autumn 2018
19/12/16
The Court of Appeal has upheld a High Court ruling to allow the directors of Granada Group Ltd to keep an arrangement set up to provide security for unfunded top-up pension promises without shareholder approval
19/12/16
Total transactional buyout activity in 2016 is likely to fall short of 2014 and 2015 volumes which totalled £13.2bn and £12.4bn respectively, JLT Employee Benefits has revealed
19/12/16
Defined benefit transfer values dropped by 3.5 per cent in November, according to the Xafinity Transfer Value Index
19/12/16
The Pensions Regulator has announced its plan to launch a governance drive next year to clarify its expectations of schemes
16/12/16
Pension investments in the third quarter dropped for the first time in the year, down to £0.38bn, according to Equifax Touchstone
16/12/16
The final cost of leaving the European Union could be as high as £50bn, covering EU budget payments, pension liabilities for staff and other commitments, reports have suggested
16/12/16
The Merchant Navy Officers Pension Fund has bucked the trend of most other defined benefit pension schemes and increased its funding position by over 12 per cent
16/12/16
Coats Group Plc has agreed to issue a £255m payment into its pension schemes as a result of anti-avoidance action taken by The Pensions Regulator to safeguard the benefits of an estimated 24,000 scheme members
16/12/16
Exactly six months since Sir Philip Green’s appearance before the Work and Pensions Committee, the former BHS owner is yet to act on his promise to “sort” the retailer’s pension scheme.
15/12/16
The Pension Protection Fund has confirmed its planned levy rules for 2017/18 remain largely unchanged
15/12/16
Public and private sector workers who are part of the NHS pension scheme will be liable for a new levy to cover scheme administration costs from 1 April, according to plans by the Department of Health
15/12/16
Next year is set to be the “biggest year yet” for pension buy-ins and buy-outs, pension consultants at LCP have said
15/12/16
The government has confirmed that the exit charge for the Lifetime ISA will be scrapped for the first year, 2017-18
14/12/16
Labour has today stated its guarantee to provide pensioners with continued yearly income increases through the preservation of the triple lock policy
14/12/16
A pensions lobby group put Rupert Murchoch’s Sky takeover plans under increased pressure yesterday as it emphasised the need for an appropriate premium to be paid for the business, CityAM revealed
14/12/16
Pensions and retirement products are yet to emerge from the “Stone Age” when it comes to online banking technologies, Aviva has reported
14/12/16
Almost two thirds, 65 per cent, of respondents to a recent study have said that they want a level of flexibility in their pension options, it has been revealed.
14/12/16
Eighty per cent of union members have rejected a new pension proposal by the Atomic Weapons Establishment after months of consultations
14/12/16
Three hundred and twenty eight thousand savers are at risk of receiving poor value-for-money from their workplace pension scheme, the Department for Work and Pensions and the Financial Conduct Authority has revealed.

Latest analysis shows that a saver with a £100,000 pot could have a pension worth £10,000 less after 20 years in a scheme charging 1 per cent versus a scheme charging 0.75 per cent. This assumes average annual growth before charges are deducted of 5 per cent.
13/12/16
More than seven million people have been auto-enrolled into a pension since the introduction of the policy, figures from The Pensions Regulator have revealed.

In its latest automatic enrolment declaration of compliance report, it reveals that more than 340,000 employers have completed their declaration
13/12/16
The Pension Protection Fund 7800 Index has fallen to £194.7bn at the end of November 2016 due to the adoption of the Purple 2016 dataset
13/12/16
Post Office staff will take part in a five day strike in the week leading up to Christmas the Communication Workers Union, the trade union supporting Post Office workers, has announced
13/12/16
The Consumer Price Index rate of inflation rose by 1.2 per cent in the year to November 2016, the highest rate since October 2014 when it was 1.3 per cent, the Office for National Statistics has said
13/12/16
Pension funds and specialist investors have agreed to a £66.3m deal for 10 per cent of debts linked to the M25 motorway expansion, The Telegraph has reported
13/12/16
The government review into automatic enrolment is an opportunity to “set a direction” for the next decade, the chief executive of the Pensions and Lifetime Savings Association has said, as others in the industry welcomed the review
12/12/16
The government has announced a review of auto-enrolment to encourage a wider range of the UK workforce to save into a pension
12/12/16
RPMI Railpen has completed a £20.3m inflation linked debt capital investment through the Pensions Infrastructure Platform
12/12/16
Employees typically retiring at the age of 66 or above has risen to 35 per cent from eight per cent two years ago, the Association of Consulting Actuaries has reported
09/12/16
Seventy one per cent of young people aged 18 to 24 think putting money into a pension is a good idea, the Department for Work and Pensions has revealed
09/12/16
Data published by the Office for National Statistics has revealed a “pensions crisis” within the UK tourism industry, it has been claimed
09/12/16
Defined benefit scheme funding remained weak in the year to March 2016 falling slightly by £22.5bn, the Pension Protection Fund has revealed
09/12/16
Pension transfers from defined benefit to defined contribution schemes could be a “win, win, win”, Royal London director of policy Steve Webb has said
08/12/16
Tata Steel UK is to consult on a solution and the closure of its defined benefit scheme to future accrual, the firm announced on Wednesday (7 December)
08/12/16
News editor Natalie Tuck looks at why pensions should be forgiven for being seen as 'The Grinch' and rather that companies need to be less like 'Scrooge'
08/12/16
Annuities should form part of an individuals’ retirement plan to protect themselves against longevity risk, according to the OECD’s Pensions Outlook 2016 report
08/12/16
The value of pension transfers may start to level out at £1.5bn a year as the qualifying recognised overseas pension scheme (QROPS) market matures, it has been found
07/12/16
Over half, 56 per cent, of accountants have said they are telling all smalls businesses to choose the government’s Nest scheme, as a default, without researching whether this would be the best possible option for them, a report by employee benefits adviser Helm Godfrey has found
07/12/16
The cost of running a defined benefit pension scheme has risen by 37 per cent since 2015, the Pensions and Lifetime Savings Association has reported
7/12/16
Nearly two out of five pensioners, the equivalent of 4.4 million people fear running out of money during their retirement as they lack guaranteed income, MetLife has revealed
07/12/16
Just under a third, 32 per cent of over 75s with above average incomes suspect they were targeted by fraudulent investment scams in the past three years, the Financial Conduct Authority has found
6/12/16
The number of transfers to qualified recognised overseas pension schemes (QROPS) dropped by 6,400 in the year 2015/16, it has been revealed
06/12/16
The UK defined benefit pension scheme deficit for FTSE 350 companies showed a £22bn improvement at the end of November 2016, Mercer has revealed
06/12/16
The government has launched a consultation looking into how to tackle pension scams, following the announcement in the Autumn Statement that it would ban pensions cold calling
05/12/16
Greater risk awareness is required for pensioners choosing flexible retirement options such as drawdown, Aegon has warned
5/12/16
An industry working group has published a consultation with five proposals to improve pension and investment transfers.
05/12/16
The government is searching for a pension administration provider to manage the Royal Mail Statutory Pension Scheme (RMSPS) in a £31m deal.

The scheme has approximately 402,000 deferred members and pensioners, with around 116,000 of these also members of the Royal Mail Pension Plandeal
05/12/16
Atomic Weapons Establishment staff are set to lobby MPs over their pensions ‘betrayal’ at the Houses of Parliament tomorrow, 6 December 2016
5/12/16
UK private sector pension scheme deficits grew by £149bn in the year to 30 November 2016, JLT Employee Benefits has reported
5/12/16
The Institute of Chartered Accountants in England and Wales (ICAEW) has updated its guidance on master trusts for pensions trustees
2/12/16
Almost five million self-employed workers could benefit from a “pensions revolution” allowing them to be automatically enrolled into pension schemes and choose their own state pension age, The Telegraph has reported
2/12/16
Pension fund trustees who fail to address climate risks could face legal challenges, pensions expert Keith Bryant QC and UK barristers have confirmed
2/12/16
Prison officers have been granted an earlier retirement age with full pension benefits, Sky News has revealed
2/12/16
The shortlist for the 2017 Pensions Age Awards has been revealed.
2/12/16
The Financial Conduct Authority has set out a Decision Notice and decided to fine TailorMade Independent Limited chief executive Alistair Burns £233,600 for his failure to comply with regulatory standards
1/12/16
The government’s auto-enrolment policy has reversed the trend of a declining number of people saving into a workplace pension, according to statistics published by the Department for Work and Pensions.

In a report published today, covering workplace pensions participation and savings trends between 2005 and 2015, the DWP revealed that 79 per cent of eligible employees are now saving into a workplace pension
01/12/16
Members of Unite trade union from Diageo have announced their plans to vote on a new negotiated pensions proposal, the union has revealed
1/12/16
Eighty seven per cent of pension funds have said that executive pay is too high, the Pensions and Lifetime Savings Association has revealed
1/12/16
Annuity rates have increased by 10.6 per cent since a market low in August 2016, according to Retirement Advantage
01/12/16
Many UK defined benefit pension schemes may be missing an opportunity to reduce their pension risk and liabilities, Aon Hewitt has reported
1/12/16
Too many pensions policies are made “on the hoof” or introduce “unnecessary and undesirable cliff-edges”, according to Association of Consulting Actuaries chairman Bob Scott
01/12/16
The UK defined benefit pension deficit has improved by £50bn in November 2016, but remains at almost a third of UK GDP, PwC has reported
1/121/16
The Pensions Regulator has added record-keeping to its list of things trustees need to do for their scheme return to help improve standards
30/11/16
It is “particularly difficult to sell pensions” when “all people ever read about pensions are the problems”, the Work and Pensions Secretary Damian Green has claimed
30/11/16
The Pension Protection Fund has confirmed it is making changes to the actuarial assumptions used in s179 and s143 valuations, following a consultation
30/11/16
Sir Merrick Cockell will remain in his role as chairman of the London Pensions Fund Authority for a further two years, the London Mayor Sadiq Khan has confirmed
30/11/16
Chancellor Philip Hammond has accused the Labour party of being willing to “spray around commitments” without having “any idea of what it is going to cost them” when debating the future of the triple lock on the state pension
30/11/16
A petition of over 100,000 signatures will be presented to Arcadia today demanding the remuneration of the BHS pension scheme
30/11/16
The new state pension is set to improve incomes for groups who have traditionally had lower retirement incomes, including women, the Pensions Policy Institute has reported
29/11/16
The Department for Work and Pensions has launched a consultation on the indexation and equalisation of Guaranteed Minimum Pensions in public service pension schemes
29/11/16
UK defined contribution pension funds are now considering investments in active quantitative products, Invesco has found
29/11/16
Life expectancy figures published by the Office for National Statistics are much lower than figures based on insurance company data, according to Just Retirement
29/11/16
The state pension will increase by 2.5 per cent in April 2017, the Department for Work and Pensions confirmed yesterday
29/11/16
Aberdeen Asset Management’s net defined benefit pension deficit has increased by almost £30m over the year to 30 September 2016
28/11/16
The government “should be transparent” about its state pension age plans as a review into increasing the retirement age continues, Royal London director of policy Steve Webb has said
28/11/16
The Department for Work and Pensions has proposed to cut the general levy for larger occupational pension schemes
28/11/16
Post Office staff have decided to hold a 24-hour strike next week over plans to close its defined benefit pension scheme
28/11/16
Atomic Weapons Establishment staff will be holding their second 24-hour strike on 6 December over the company’s plan to close its defined benefit pension scheme
25/11/16
The FCA’s announcement of its plan to establish an annuity comparator has received a mixed reaction from the pensions industry
25/11/16
The Treasury has rejected speculation of its plans to scrap pensions tax relief, the Financial Times has reported
25/11/16
The Financial Conduct Authority has launched a consultation on proposals to require annuity providers to inform customers on how much they could gain from shopping around and purchasing an annuity from a different provider
25/11/16
A “change programme” is needed to help people with the shift in the market from defined benefit to defined contribution pensions, according to The Pensions Advisory Service chief executive Michelle Cracknell
25/11/16
Wording in the consultation on the money purchase annual allowance (MPAA) is the “clearest indication” to date that Chancellor Philip Hammonds will act to change pension tax incentives, the industry has noted
25/11/16
One day after the Chancellor’s Autumn Statement, many will have had time to digest the pension announcements, but others have picked up on some notable exclusions
24/11/16
Around 13.6 million people are at risk of not meeting their retirement income target replacement rate because they are not saving enough, according to research by the Pensions and Lifetime Savings Association
24/11/16
BHS staff who have become eligible for their pensions since the company’s collapse will receive “haircut” incomes, The Pensions Regulator has said
24/11/16
The best security for a defined benefit pension scheme is “a thriving employer”, The Pensions Regulator has claimed
24/11/16
The reduction to the money purchase annual allowance from £10,000 to £4,000 could cost some individuals over £100,0000, Pitmans Trustees have estimated
24/11/16
The government should involve pension funds in the financing of its economic infrastructure plans, London Pension Funds Authority (LPFA) chairman Merrick Cockell has stated
23/11/2016
Chancellor Philip Hammond did not mimic the tricks of his predecessor George Osborne, by unveiling any dramatic pension policies, when delivering his first Autumn Statement today, as he confirmed the government will be consulting on banning pensions cold calling
23/11/16
The reduction of the money purchase annual allowance (MPAA) from £10,000 to £4,000 a year, is an “unnecessary tweak” that “flies in the face” of the government’s previous efforts to make retirement more flexible, industry reaction has revealed
23/11/16
The tax treatment of foreign pensions will be more closely aligned with the UK’s domestic pension tax regime, the Chancellor has confirmed in his Autumn Statement document
Foreign pensions taxation to ‘more closely align’ with UK pensions tax system
The government has announced that it is to cut the money purchase annual allowance for pensions that have been drawn down to £4,000.

Delivering his first Autumn Statement in parliament today, 23 November, Chancellor Philip Hammond said: “For pensions that have been drawn down, I will also reduce to £4,000 the money purchase annual allowance to prevent inappropriate double tax relief being gained"
23/11/16
The government has confirmed that it will be consulting on introducing a ban on pension cold calling to increase protection for those vulnerable to scammers
23/11/16
Work and Pensions Committee chair Frank Field has written to The Pensions Regulator’s chief executive Lesley Titcomb asking whether the regulator has the power to seize Sir Philip Green's assets, other than cash
23/11/16
A new campaign is calling for a special pension to be given to victims of the Troubles in Northern Ireland
22/11/16
The High Court has ordered Worthington Group to wind up the company, as a result of the PPF's rejection of its CVA, a statement on the London Stock Exchange from the Worthington Group said
22/11/16
Long-term savings and pension providers are paying out a staggering £74.7m to customers every day, the Association of British Insurers has revealed
22/11/16
The Law Commission has called for evidence regarding the involvement of pension funds in social investments
22/11/16
Seventy seven per cent of Diageo staff have voted in favour of industrial action against plans to cut their pensions, it has been revealed
22/11/16
An estimated 10,000 pensioners have been awarded a tax rebate totalling £30m, that they have overpaid when exchanging their pension for cash, The Telegraph has revealed
21/11/16
Eighty per cent of pension schemes support restructuring of defined benefit pension schemes in some forms, according to research by Sackers
21/11/16
Issues surrounding the Lifetime ISA, auto-enrolment and pension tax relief remain the top priorities that the industry would like the government to focus on, for the upcoming Autumn Statement
21/11/16
Only half of those in Generation X have a personal pension, according to research by YouGov
21/11/16
Pension credit of up to £155 a week should be awarded to half a million Waspi women, the Labour Party has said
21/11/16
The government is to ban pensions related cold calling in a bid to end the misery brought by 250 million scam calls that happen every year
19/11/2016
Almost half, 48 per cent, of people are not confident about the tax rules regarding their pensions, the Association of British Insurers has revealed
18/11/16
The government should ‘factor in reality of life’ when deciding on increases to the state pension age, Age UK has said
18/11/16
The Transparency Task Force has predicted a “fierce and fiery” opposition to the Financial Conduct Authority’s proposals for the asset management industry
18/11/16
The Financial Conduct Authority has identified ‘weak price competition’ in a number of areas of the asset management industry
18/11/16
The Royal Mail has stated that its defined benefit pension scheme is “still simply unaffordable”, the Evening Standard has reported
17/11/16
Auto-enrolment is “one of the most successful policy interventions of the 21st century so far” it has been claimed following research published today
17/11/16
Automatic-enrolment increased pension scheme membership to 88 per cent in April 2015, the Institute for Fiscal Studies revealed.
17/11/16
Fifty eight per cent of people are unaware of how much their employer contributes to their pension, Just Retirement has reported
17/11/16
Almost one in four over 50s plan to cash in some of their pension, having already used the 25 per cent tax-free allowance, Retirement Advantage has found
17/11/16
With just one week to go until Chancellor Philip Hammond delivers his first Autumn Statement, Pensions Age takes a look at what is predicted and the pensions industry’s expectations
16/11/16
The Department for Work and Pensions has commissioned a review by the Government Actuary's Department to contribute to the UK state pension age evaluation
16/11/16
Former miners have called for a review of their pension agreements, seeking a larger proportion of their scheme’s surplus, the BBC has reported
16/11/16
Concerns over a defined benefit pension scheme has led to the collapsed takeover of Vita by LDC, Sky News has reported
16/11/16
Nine out of 10 savers remain in a default fund throughout their retirement saving lifetime, Defaqto has revealed
16/11/16
The Financial Conduct Authority is consulting on its proposals to have “additional protections” for the regulation of the Lifetime ISA, in contrast to other ISAs
16/11/16
GMP reconciliation still tops the list as one of the biggest pension scheme administration challenges for the upcoming year, according to Aon Hewitt
16/11/16
The UK defined benefit deficit has fallen by £35bn since the US presidential election and by £200bn since August, Hymans Robertson has revealed
16/11/16
Transitional protections are needed to support women who have suffered injustice by the increase to their state pension age, it has been argued
15/11/16
The Financial Conduct Authority has confirmed its final rules surrounding the introduction of an early exit charge cap of 1 per cent for existing contract-based personal pension schemes, which will come into effect from 31 March 2017
15/11/16
The Consumer Price Index rate of inflation rose by 0.9 per cent in the year to October 2016, compared to a 1 per cent rise in the year to September, the Office for National Statistics has revealed
15/11/16
More than one in five savers have admitted that they were unaware of the risks involved when deciding to take a drawdown, MetLife has found
15/11/16
Auto-enrolment has helped to bridge the pension savings engagement deficit among young people by about 20 per cent, the Pensions Policy Institute has found
14/11/16
Low interest rates since 2013 have resulted in a reduction of generosity by firms for defined benefit pension schemes, YouGov has found
14/11/16
The Pensions Ombudsman has said a High Court judgment, which overturned one of his decisions, is “disappointing” as it does not clear up a potential inequality between private and public sector pension schemes
14/11/16
Over eight in 10 businesses that sought a review of their auto-enrolment notices had their fines revoked or altered in the third quarter, according to research by Paycircle
14/11/16
Rolls-Royce has completed a £1.1bn pension buyout with Legal and General for the Vickers Group Pension Scheme, which is part of the Rolls-Royce Group
14/11/16
The NHS could be charged £35m a year under new pension fund administration fees, according to a recent consultation
11/11/16
The High Court has overturned a decision by the Pensions Ombudsman which required the Police and Crime Commissioner for Greater Manchester (Commissioner) to pay a bridging pension from its own funds to a former employer of its predecessor the Greater Manchester Police Authority (GMPA)
11/11/16
The government has issued 1.5 million personal state pension forecasts since the introduction of the new state pension six months ago, it has revealed
11/11/16
For the next 35 days women in the UK will, in effect, earn nothing compared to their male counterparts, research into income and retirement savings has found
11/11/16
The Pensions Regulator has requested “multiples of £1m” from former BHS owner Dominic Chappell and Retail Acquisitions, the Guardian has revealed
11/11/16
Atomic Weapons Establishment staff are set to stage a 24-hour strike next week over planned changes to their pension schemes
10/11/16
A majority of 96 per cent of BMW staff have voted for industrial action over plans to close their DB pension scheme
10/11/16
Broadcaster ITV has revealed its IAS 19 defined benefit pension deficit has increased by £303m in quarter three
10/11/16
Six high court judges are to take legal action against justice secretary Liz Truss for reported discrimination in relation to their pensions, the Independent has revealed
10/11/16
The Pensions Regulator has revealed that 6,155,000 workers, equating to one in four, have not qualified for auto-enrolment since its inception in July 2012
10/11/16
Defined benefit transfer values remained “at very high levels” despite a slight fall to £238,000 at the end of October, according to the Xafinity Transfer Value Index
10/11/16
The head of the independent state pension age review, John Cridland, has said he is not in favour of introducing a means tested state pension because it is the ‘bedrock’ which everyone can build on
09/11/16
Pensions Insurance Corporation has invested £35m in secured debt issued by Herefordshire Housing, a non-profit group which provides home and support services to people across the area
09/11/16
The Treasury will have to find an additional £438m to spend on military pensions following a printing error, the Financial Times has revealed.
09/11/16
Donald Trump’s presidential victory this morning has brought with it a somewhat stunted reaction by global markets
09/11/16
Sainsbury’s total group pension scheme deficit has risen to £1,312m at 24 September 2016, it has announced
09/11/16
High street retail chain Marks and Spencer will be closing its UK defined benefit pension scheme to future accrual despite recording a £571.2m surplus
08/11/16
The aggregate deficit of all defined benefit schemes in the PPF 7800 Index has fallen by £90.8bn as the funding ratio gradually improved to 81.4 per cent
08/11/16
Annuity rates have increased by 4.3 per cent staging a ‘mini revival’ after hitting a record low in September, Moneyfacts has revealed
08/11/16
Approximately 3.3 million individuals would become eligible for auto-enrolment if the earnings trigger was removed, the Pensions Policy Institute has revealed
08/11/16
Concerns have been raised over transfer fees of up to 12 per cent being charged on Qualifying Recognised Overseas Pension Scheme transfers, which are reportedly not disclosed to clients
08/11/16
The deadline for entries to the Pensions Age Awards 2017 is tomorrow, 9 November 2016
08/11/16
HM Revenue and Customs has revealed that it has rejected 98 applications to register new pension schemes in the third quarter
07/11/16
Labour councillors for Birmingham, Solihull, Coventry, Wolverhampton, Dudley, Sandwell and Walsall are to reject the West Midlands Pension Fund’s request for a £100m top-up fee, the Financial Times has reported
07/11/16
Inflation hedging by pension schemes has increased by 11 per cent in the third quarter of 2016, BMO Global Asset Management has reported
07/11/16
There is conflict within the pensions industry over what should replace the triple lock on the state pension, if anything, following a report by the Work and Pensions Committee
07/11/16
The Pensions Advisory Service chair Museji Takolia has temporarily departed from his position after being declared bankrupt, the BBC has reported
07/11/16
The triple lock on the state pension should be scrapped to correct the “heavily skewed” economy that benefits the baby boomers over millennials, according to the Work and Pensions Committee
07/11/16
Seven out of ten firms are confused by the launch of the Lifetime ISA at a time when the government's auto-enrolment policy is still not complete, the Association of Consulting Actuaries (ACA) has found
07/11/16
Sixty one per cent of workers under 40 would consider opening a Lifetime ISA, Hymans Robertson has found
04/11/16
The pensions industry must move on from its “fixation” over defined benefit pension scheme deficits, it has been claimed
04/11/16
Spending in retirement falls by almost 50 per cent amongst those aged 50 to 65 compared to those aged 75 plus, research by Aegon has revealed
04/11/16
BHS staff could receive news of a deal made between former owner Sir Philip Green and The Pensions Regulator over their pensions by Christmas, it has emerged
04/11/16
Net National Insurance contributions in 2016 to 2017 are likely to increase by £2bn following the introduction of the new state pension age, the National Audit Office has reported
3/11/16
The Bank of England is prepared to tolerate a period of inflation above its 2 per cent target, which combined in a "potent cocktail" of low interest rates could hit pensioners, AJ Bell has warned
03/11/2016
Standard Life has revealed it has stopped selling annuities on the open market, due to the “significant changes” since the introduction of the pension freedoms
03/11/16
The government should scrap the current state pension and replace it with a senior citizen’s pension worth £200 a week available at the age of 80, the Centre for Policy Studies has said
03/11/16
The Pensions Regulator has begun enforcement action against former BHS owner Sir Philip Green to seek redress for the 20,000 pension scheme members
03/11/16
The Work and Pensions Committee should look into whether a 10 year deficit recovery period should be a “natural stop” for companies, according to the Pension Protection Fund chief executive Alan Rubenstein
02/11/16
A plan to introduce an early exit charge cap to prevent excessive charges when people make use of the pension freedoms will make it difficult for the “poor people” running the funds, it has been claimed
02/11/16
The Court of Appeal has declared that trustees of the Barnardo’s pension scheme cannot switch its indexed linked payments from the Retail Price Index (RPI) to the Consumer Price Index (CPI)
2/11/16
The Scottish National Party has called for an amendment to delay the commencement of the Lifetime ISA Bill until an independent pensions and savings commission is established
2/11/16
“Totally unrealistic” discount rates used in pensions accounting methods are “starving the British economy” and the government must intervene, members of the House of Lords have claimed
02/11/16
FTSE 350 defined benefit pension deficits fell by £3bn from £152bn at the end of September to £149bn on 31 October 2016, Mercer reported
2/11/16
Over half (57 per cent) of defined benefit pension schemes have reached a “tipping point” where the risks are dominated by the pensions being paid out of the scheme exceeding the money coming in through active members’ contributions, according to Hymans Robertson
01/11/16
Autumn is set to be the “strongest quarter” for bulk annuity transactions, according to Aon Hewitt
01/11/16
BMW staff have launched a consultative ballot accusing the firm of a “pensions robbery” as it plans to rush through the closure of its defined benefit pension scheme
1/11/16
UK private sector pension scheme deficits soared by £215bn in the year to 31 October 2016, JLT Employee Benefits has reported
1/11/16
Almost one in three retirement savers would consider transferring their final salary pension into a cash lump sum or defined contribution scheme, MetLife has revealed
1/11/16
Sixty seven per cent of FTSE 350 companies with DB pension scheme assets totalling £332bn do not disclose the deficit or surplus position of their schemes, Lincoln Pensions has reported
31/10/16
A ruling by a London employment tribunal that means Uber drivers should be viewed as workers of Uber rather than self-employed means that they may be eligible for auto-enrolment
31/10/16
There has been a "significant surge" in British citizens seeking advice to "Brexit-proof" their pensions, the deVere group has reported
31/10/16
The UK defined benefit pension deficit has recovered by £60bn to £630bn in October 2016, PwC has reported
31/10/16
Setting aside bonuses into a pension could give savers “the best of both worlds”, Royal London has said
28/10/16
Pension schemes should consider delaying longevity transactions until the market corrects the current ‘dislocation’ of prices due to lower rates of improvement in mortality, Aon Hewitt has warned
28/10/16
British Airways has agreed to contribute £300m a year to one of its pension schemes until 2027, it has revealed
28/10/16
Global technology business Smiths Group has concluded a £250m pension insurance buy-in for its pension fund with the Pension Insurance Corporation
28/10/16
Pensions Minister Richard Harrington has reaffirmed that the government does not believe it should compensate members of the AEA Technology pension scheme
27/10/16
The Pensions Regulator issued 15,073 compliance notices between July and September 2016 as a result of smaller firms failing to declare their compliance
27/10/16
A petition calling for pensions and investment related cold-calling to be made illegal has received industry backing
27/10/16
Retail giant Debenhams has reported a combined pension deficit of £4.1m for its pension schemes under IAS 19 accounting standards as of 3 September 2016 from a surplus of £26.2m on 29 August last year
27/10/16
BT’s IAS 19 pension deficit has increased by £3.9bn over the quarter ending 30 September 2016, reaching a total of £11.5bn, gross of tax
27/10/16
Barclays Bank has reported a £1.1bn pension deficit as at 30 September 2016 from a £0.8bn surplus at the end of last year
27/10/16
The market valuations of FTSE 100 companies were depressed by pension liabilities of up to £340bn at 31 August 2016, Llewellyn Consulting has revealed
27/10/16
The James Hutton Institute, which researches the sustainable use of land and natural resources, has revealed it will close its final salary defined benefit pension scheme
26/10/16
Defined contribution charge cap guidance issued last week “could leave many schemes in hot water,” Pitmans Trustees (PTL) has said
26/10/16
Government tax revenues from pension freedoms are on track to rise by 50 per cent this year, it has been revealed
26/10/16
The Pensions Regulator has used its powers to ensure members of the Database Group defined benefit scheme receive their full benefits following the sale of its sponsoring business
26/10/16
Local Government Pension Scheme expenditure in England and Wales for 2015-16 reached over £10bn, the government has revealed
26/10/16
Approximately £7.65bn has been withdrawn since the launch of the pension freedoms in April 2015, HM Revenue and Customs has reported
26/10/16
The Pensions Research Accountants Group has set out its goals for the future as it celebrates 40 years in existence
25/10/16
The government has admitted that the “true extent” of pension scams in the UK is unknown as many are not officially reported
25/10/16
Pension fraud in the period following the introduction of the pension freedoms could be 25 per cent higher than initially predicted, City of London Police figures suggest
25/10/16
The Pensions Regulator has fined two more defined contribution schemes for failing to provide scheme returns
25/10/16
Post Office managers have confirmed that they will strike on 31 October over the closure of their defined benefit pension scheme
25/10/16
British engineering firm Rolls-Royce Plc is reportedly enhancing its defined benefit pension scheme offering for its employees
24/10/16
MPs are to debate the future of local government pension schemes today following disapproval of the government’s plans to interfere in investment decisions
24/10/16
Thirty per cent of the pensions industry support making lifetime savings or pensions compulsory, a poll at the Pensions and Lifetime Savings Association's Annual Conference has found
24/10/16
The UK has dropped two places year-on-year in the Melbourne Mercer Global Pension Index
24/10/16
How do we help people save enough? Reporter Talya Misiri discusses the six key ideas presented by Team Gregg and Team Steve at this year's PLSA Conference Challenge.
24/10/16
Big Society Capital senior director Simon Rowell looks at how in the future we will express ourselves through our pensions
24/10/16
Three government departments are in talks over what action can be taken to tackle pensions nuisance calls and the scams linked to them, Lord Ashton of Hyde has revealed
24/10/16
"Humour is a key element to everything we do" and "should be used to engage effectively with millennials to boost saving", Sir Lenny Henry has advised
21/10/2016
The government will "ask for the moon on a stick" when Article 50 is triggered, broadcaster Andrew Neil has said
21/10/16
Pension fund performance saw a boost in Q3 2016, posting a growth of 6.8 per cent over the third quarter, the Moneyfacts Personal Pension and Annuity Trends Treasury Report has revealed
21/10/16
The PLSA's DB taskforce has been exploring the concept of DB pension scheme consolidation, member Kevin Wesbroom has revealed
20/10/2016
It is not viable for every UK pension scheme to be able to hedge their liabilities, the PLSA's DB taskforce member Paul Trickett has warned
20/10/2016
Thirty-three per cent of 35-44 year olds feel they will have no choice but to use their property to finance their retirement, the PLSA has revealed
20.10/2016
The government has treated pensions taxation like a convenient 'slush fund' when times get tough, PLSA chief executive Joanne Segars has stated
20/110/2016
The success of a pensions dashboard will depend strongly on legislation and regulation surrounding the platform, The People's Pension director of policy and market engagement Darren Philp has said
20/10/2016
Over a quarter, 26 per cent of trustees are unaware of their responsibility to detect and prevent pension fraud, research by RSM has revealed
20/10/16
MPs debating in the House of Commons today have backed a motion to strip Sir Philip Green of his knighthood following the fallout from the BHS collapse
20/10/16
The Pensions Regulator has welcomed the government’s Pension Schemes Bill, which is a “game changer” for master trust pension schemes
20/10/16
The new duty for master trusts to hold a capital buffer could lead to a "messy fall-out" unless the pensions industry forms a "safety-net" to pick up those members who could be left in limbo from failing multi employer occupational schemes
20/10/2016
Markets would not react well to the election of US Republican candidate Donald Trump as President of the USA, according to Northern Trust chief investment strategist Jim McDonald
20/10/16
There has been a greater demand for pension buy-ins and buyouts post referendum than earlier in the year, Pensions Insurance Corporation has reported
20/10/16
Employers need to be wary of spending a lot of time and money on something employees may not really want when considering whether to provide a Lifetime ISA for staff, Thomas Cook head of group pensions Fiona Brown has advised
20/10/2016
New pension regulations for master trusts and additional powers for The Pensions Regulator have been delivered today in the Government's new Pension Schemes Bill
20/10/2016
Brexit will be like "getting an egg out of an omelette", World Trade Organisation former director general Pascal Lamy has said
20/10/16
We are in an “era of intervention” where politicians make changes to sectors to make them work in a way that they think is best, according to BBC economics editor Kamal Ahmed
20/10/16
Defined benefit members face losing 15 to 20 per cent of their benefits in the current "fragmented" system, sparking calls from the PLSA to investigate the potential for scheme consolidation
20/10/2016
Pensions Minister Richard Harrington took the opportunity at the PLSA 2016 annual conference to reveal that he requested the pensions role and that he's determined to dispel accusations of being a 'non-entity'
19.10/2016
The government's quantitative easing policy has not negatively impacted pensions, Pensions Minister Richard Harrington has said
19/10/16
The implementation of a secondary annuity market would have let to "unscrupulous operators taking advantage of consumers" and therefore the Treasury made the "right decision" in scrapping its plans, Pensions Minister Richard Harrington has said
19/10/2016
Pensions Minister Richard Harrington has criticised the investments of defined benefit pension schemes.

Speaking at the PLSA Annual Conference in Liverpool today, Harrington said he is wary of too much doom mongering and it is very easy for the press to report that the sky is falling in
19/10/16
Pensions Minister Richard Harrington has warned that he won't be taking the continued roll out of auto-enrolment "for granted", warning that the "hard stuff" is coming
19/10/2016
If the triple lock on the state pension continues for the next 30 years it could cost the government 0.5 per cent of the UK’s gross domestic product, Sir John Cridland has warned
19/10/16
Reporter Talya Misiri looks at this year’s conference challenge which presents the question of 'how do we help people save enough?' to gain a fresh perspective on long term saving
19/10/16
The Pensions and Lifetime Savings Association has revealed that it is undertaking a “comprehensive review of its own governance” to make sure it is able to “reinvent” itself when needed
19/10/16
As we begin coverage of the Pensions and Lifetime Savings Association's Annual Conference 2016, Natalie Tuck looks back on last year's conference
19/10/16
Sixty eight per cent of people are unaware of upcoming increases to workplace pension scheme minimum contributions, Scottish Widows has revealed
19/10/16
The Pensions and Lifetime Savings Association has announced the launch of a Master Trust Committee to act as the voice of master trust pension provisions within its membership
19/10/16
The Treasury's decision to scrap the creation of a secondary annuities market is 'a victory for common sense', according to the pensions industry
19/10/16
The Treasury has announced that it has cancelled its plans to create a secondary annuities market due to concerns over consumer protection
18/10/16
The Scottish National Party’s pension spokesperson Ian Blackford has labelled the government’s reasons for introducing the LISA as “bunkum"
18/10/16
The Consumer Price Index rose by 1 per cent in the year to September 2016 compared to 0.6 per cent in the year to August 2016, according to the Office for National Statistics
18/10/16
The Bank of England has asserted that it has not yet found any material evidence which suggests quantitative easing has negatively impacted pension funds
18/10/16
The smallest ever longevity hedge at just £50m has been completed by Zurich Assurance for an unnamed pension scheme
18/10/16
Morgan Stanley has downgraded Debenhams’ price target and rating from ‘overweight’ to ‘equalweight’ due to pension deficit concerns
17/10/16
The government has estimated that the Lifetime ISA exchequer cost will reach £830m in 2020/21
17/10/16



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2017: The Data Challenge
Laura Blows talks to Duncan Watson, managing director of products and services, EQ Paymaster, about why pension schemes should focus on data quality

Latest News Headlines
Adam Cadle provides a summary of the big pensions stories to have hit the headlines this week
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