Industry experts have broadly welcomed The Pensions Regulator's (TPR) defined benefit (DB) Annual Funding Statement, highlighting the clarifications around covenant and trustee's assessment of supportable risk as particularly helpful

The Pensions Regulator (TPR) has said that it expects most defined benefit (DB) pension schemes to shift their focus from deficit recovery to endgame planning, after its latest Annual Funding Statement confirmed that the majority of DB schemes are now in surplus.

TPR’s 2025 AFS, which is the first under the new DB Funding Code, showed that just over half (54 per cent) of schemes are in surplus on a buyout basis, rising to 76 per cent on a low dependency basis and 85 per cent on a technical provision basis

The Gleaner Pension Scheme has completed a £7.5m full scheme buy-in with Aviva, securing the benefits of all 121 members, comprising 26 deferred and 95 pensioner members, and covering all the scheme liabilities

Nearly a third (31 per cent) of UK pension schemes believe 50 per cent or more of their members will log into the MoneyHelper Pensions Dashboard within a month of gaining access, WTW research has revealed

Financial Conduct Authority (FCA) head of asset management and pensions policy, Nike Trost, said that the benefit of the Value for Money (VfM) framework is transparency, which should enable decision-makers to think about if investment return is generated in the "right way"

Scottish Widows has announced plans to launch an open-architecture Long Term Asset Fund (LTAF) later this year, pending regulatory approval