Pensions Age Magazine - DC and DB corporate pensions news and more

Latest News

Top Story

FCA consults on plans to better support DC digital planning and transfers amid 'changing market'

By Sophie Smith

12/12/25

The Financial Conduct Authority (FCA) has launched a consultation on rules intended to better support consumers using digital pension planning tools and consumers making non-advised decisions to transfer defined contribution (DC) pensions.

The focus on pension transfers was welcomed, with industry experts branding the proposals a "big step forward", despite some early concerns over the lack of focus on incentives and the need for regulatory consistency with occupational pensions

The Financial Conduct Authority (FCA) has confirmed the 'near-final' rules for the new targeted support regime, estimating that at least 18 million people are expected to benefit from extra help with their investments and pensions as a result

FCA targeted support rules backed by industry organisations

Industry experts have welcomed the news that the Financial Conduct Authority (FCA) has finalised the rules for the targeted support regime, branding the new framework a significant step forward in efforts to close the advice gap and empower savers

WTW to acquire Cushon from Natwest

WTW is set to acquire Cushon, the workplace pensions and savings fintech currently majority-owned by NatWest Group, for an undisclosed amount

Employers and savers brace for impact as salary sacrifice reforms fuel anxiety

Changes to salary sacrifice rules are prompting mounting concern across employers and savers, with separate research from Hymans Robertson and Standard Life highlighting fears of significant financial and strategic implications

Watts Clift pension scheme completes £4m buy-in with Aviva

The Watts Clift Holding Limited Retirement Benefits Scheme has agreed a £4m buy-in with Aviva, securing the benefits of all 51 members of the scheme

FCA and FOS clarify complaints handling for targeted support

The Financial Ombudsman Service (FOS) and the Financial Conduct Authority (FCA) have issued a joint statement confirming how complaints will be treated under the new targeted support regime

View More News

Highlighted Content

What questions will define 2026?

Investments and markets leaders at BNY tackle six essential questions for the year ahead.

Empowering boards to drive strategic projects with confidence

Aon strategic programme consultant, Dana Wiesner, and Aon associate partner, Michelle Burgess, explore how trustees can leverage strategic programme management to navigate today’s complex pensions environment.

Going private: The asset class gathering pace

As the Mansion House Compact and Accord take hold, UK pension schemes are stepping up allocations to private markets. Sandra Haurant reports

De-risking Guide 2025: Choosing the right path

The highlights, milestones and movements that defined the 2025 BPA space

Private credit: Opening up new opportunities

Our panel of experts discusses the role of private credit in today’s pensions landscape and explores emerging opportunities in alternative credit to meet market demands

A time of opportunity?

Our panel of experts explores the potential implications of the Pensions Investment Review on the future of the de-risking space and wider pensions environment

Latest Podcasts

Podcast: From pension pot to flexible income for life

Podcast: Who matters most in pensions?

In the latest Pensions Age podcast, Francesca Fabrizi speaks to Capita Pension Solutions global practice leader & chief revenue officer, Stuart Heatley, about who matters most in pensions and how to best meet their needs

Podcast: A look at asset-backed securities

Royal London Asset Management head of ABS, Jeremy Deacon, chats about asset-backed securities (ABS) in our latest Pensions Age podcast

The role of CDC

In the latest Pensions Age podcast, Laura Blows speaks to TPT Retirement Solutions Chief Client Strategy Officer, Andy O’Regan, about the role of collective DC (CDC) within the UK pensions space

Keeping on track

In the latest Pensions Age podcast, Sophie Smith talks to Pensions Dashboards Programme (PDP) principal, Chris Curry, about the latest pensions dashboards developments, and the work still needed to stay on track

View More Podcasts

View Videos

Check out our latest appointments

Appointments update – 10 December 2025

The Financial Conduct Authority (FCA) has reappointed Sophie Hutcherson as non-executive director of its board

Appointments update - 5 December 2025

Pension Insurance Corporation (PIC) has appointed Dom Veney as interim chief executive officer

Appointments update – 3 December 2025

Myfanwy Barrett and Robert Branagh have been reappointed as non-executive directors for The Pensions Ombudsman (TPO)

Appointments update – 2 December 2025

Independent Governance Group (IGG) has promoted 19 colleagues, including three trustee directors, effective 1 December

Appointments update – 1 December 2025

Zedra has promoted Matt Race-Pridding to head of Trust Essentials, its professional sole corporate trustee proposition

Check out our latest features

Swipe right for retirement: Can pension apps match modern expectations?

As consumer technology races ahead, pensions are still struggling to deliver digital experiences that feel intuitive, responsive and engaging. Callum Conway explores whether pension apps are finally closing the gap

Sizing up the social mobility challenge

Paige Perrin investigates why social mobility in the UK pensions industry remains limited, and how apprenticeships, DEI initiatives, and smarter recruitment could finally open the doors to a more diverse workforce, in the latest for Pensions Age’s special focus on DEI

Disclosures without the drama

As policymakers grapple with the future of pension sustainability reporting, UK Sustainable Investment and Finance Association (UKSIF) chief executive, James Alexander, sits down with Sophie Smith to call for smarter, more coherent disclosure rules that drive real-world outcomes, rather than red tape barriers

Going private: The asset class gathering pace

As the Mansion House Compact and Accord take hold, UK pension schemes are stepping up allocations to private markets. Sandra Haurant reports

Is this the real life? Is this just fantasy?

The challenge for the pensions industry to spot AI-generated ‘deepfakes’, and the role they may play in identity fraud

The sum of many small parts

As the number of self-employed continues to rise, what changes are required to better assist them in their retirement saving?

Coming of age

With the professional trustee market reportedly entering a new stage of maturity, Laura Blows

explores whether the sector is experiencing any growing pains

The future of covenant assessment

Employer Covenant Practitioners Association chair, Luke Hartley, explores the continued importance of the employer covenant throughout this period of great change

Putting the ‘me’ in member

Universities Superannuation Scheme (USS) pensions operations and services executive,

Stephen Worthington, explains how the UK’s largest private pension scheme has made member experience central to its operations

Cheap and cheerful?

The debate between cost and value has continued to persist, as whilst increased scale has allowed providers to negotiate better fees, not all are convinced that this is delivering the best value for savers

Closing the disability pensions gap

Many people with disabilities are unable to accumulate significant occupational or private pension savings, in part because of the difficulties to find work and the struggles they may face within the workplace. David Adams looks at what the pensions industry, employers and policymakers might do to help ensure more disabled people can enjoy a better income in retirement

Multi-employer CDC in practice – from drawing board to delivery

After years of planning, the first multi-employer CDC pension schemes could be launched as early as 2027, with regulators set to publish rules this autumn

View More Features

Check out our latest jobs

Pensions Advisor – Head Office

Posted by

39,468 pa rising to £48,702 after three years' service

Head Office, Salford Quays, M50 3XZ

The principal duties are: under the general direction of the Pensions Officer to provide a frontline pensions guidance service to members of the Union; provide a support service to the
Pensions Officer including developing policies on pensions; advise members, reps and
Union Officials on matters related to Company and State pension provision. To raise awareness and generate activity relating to pensions issues.

View Job

Senior Systems Developer

Posted by Sammons Pensions Recruitment

Excellent

Hybrid/London or Work from home

Fantastic opportunity to join a large in-house team as a Senior Systems Developer. The role is working 100% from home.

To discuss this role in confidence please call Jo Whittington on 020 7293 7022 or email jowhittington@sammons.co.uk. please quote reference 100286.

View Job

Senior Pensions Administrator

Posted by Abenefit2u

Depending on experience

Hybrid / London twice per week

Permanent

We're looking for a Senior Pensions Administrator to bring expertise, energy, and leadership to a dynamic team. You’ll take ownership of complex cases, support and mentor junior colleagues, and help ensure clients and scheme members receive exceptional service—all while working in a flexible and inclusive environment that values your contributions. Hybrid working with twice per week in London and three days homeworking.

For a confidential discussion please telephone Tasha Davidson on 0208 274 2842 / 07958 958626 or email tasha@abenefit2u.com

View Job

Pensions Manager, In House

Posted by Sammons Pensions Recruitment

Excellent + competitive benefits & bonus

Hybrid/c.4 days a week office South East or West Midlands

Fantastic opportunity to take your career forward leading this in-house Pensions function.

To discuss this role in confidence please call Sarah Bergin-McCarthy on 020 7293 7022 or email sbm@sammons.co.uk. please quote reference 80721.

View Job

Pension Analyst

Posted by Abenefit2u

Up to c£45,000pa plus excellent benefits including generous pension

London at least twice per week

Permanent

Are you an experienced Pensions Analyst looking for a new challenge? Our client is seeking a new Pensions Business Analyst for their London office. You will be working with pension specialists and system development specialists to identify and specify the most appropriate solutions to requirements for changes and improvements.

For a confidential discussion please telephone Tasha Davidson on 0208 274 2842 / 07958 958626 or email tasha@abenefit2u.com

View Job