Latest News

Top Story

Pension surpluses ‘here to stay’; improved funding levels offer ‘huge’ opportunities


By Callum Conway

The combined aggregate IAS19 surplus for UK FTSE 100 defined benefit (DB) pension schemes was £40bn as of year-end 2024, LCP's annual analysis has revealed, marking the fifth year in a row showing an overall surplus.

Whilst this equates to an average surplus of over £600m for every FTSE100 company with a UK DB pension scheme, LCP clarified that the surpluses are unevenly distributed, with five companies accounting for half of the total


Story 2

Reforms needed for UK pensions industry to help in the push to net zero

The UK pensions and insurance sector could meet up to 50 per cent of the investment needed to deliver on the UK's net-zero commitments, but only if the current policy, regulatory and market barriers are overcome, Phoenix Group has said

Story 3

Guest comment: Building the case for private sector dashboards

Association of British Insurers (ABI) long-term savings policy adviser, Emily-Mae Collins, discusses the recent progress towards the launch of the MoneyHelper dashboard and the "critical" work still needed on private sector dashboards

Story 4

Pensions Age Autumn Conference 2025 open for registration

The Pensions Age Autumn Conference, taking place in London on Tuesday 16 September 2025, is now open for registration

Story 5

Nest commits £450m to IFM Investor's European-focused infrastructure debt fund

Nest has committed approximately £450m (€530m) to seed an infrastructure debt fund with strategic partner IFM Investors, targeting investment opportunities in the European market

Story 6

Impact Investing Principles for Pensions updated to reflect changing market environment

The Impact Investing Principles for Pensions have been updated to help UK pension fund trustees better align their investment decisions with long-term impact goals and fiduciary duties

Story 7

TPR launches innovation support service

The Pensions Regulator (TPR) has launched an innovation support service to reduce “unnecessary” regulatory barriers to pension innovation by enabling early, transparent discussions with pensions innovators.

The regulator has two focus areas, administration and member experience, particularly in the decumulation phase, as well as investment and new scheme models

Check out our latest news

Majority of employers have not switched or considered switching pension provider

The majority of employers (82 per cent) have not switched or considered switching pension providers, according to the Department for Work and Pensions (DWP) 2024 employer survey
UK pension providers join Emerging Markets and Developing Economies (EMDE) Investor Taskforce

Several UK pension providers have backed the launch of the Emerging Markets and Developing Economies (EMDE) Investor Taskforce, an industry-led initiative looking to unlock private investment to help tackle climate change
Growth in professional trustee appointments slows to 8%

Professional trustee appointments have grown by 8 per cent over the past year to reach 2,711, according to WTW research, representing a slowdown from the 11 per cent growth recorded the previous year
Size is ‘key factor’ for pension schemes choosing an endgame

The size of a scheme is the "key factor" for defined benefit (DB) pension schemes choosing an endgame, according to Aon's 2025 endgame survey

BANNER

Employers urged to start preparing for auto re-enrolment

Mid to large-sized employers – those with 500 to 50,000 employees – should be re-enrolling employees into their workplace pension schemes in 2025 as part of their mandatory three-year requirement, Hymans Robertson has urged
Auto-enrolment in Pension Wise appointments could help address low guidance take-up

Pension Wise could benefit from a shift from optional nudges to auto-enrolled appointments, Just Group has suggested, warning that low take-up of guidance risks storing future problems for retirees facing complex financial decisions without support


View More News

Highlighted Content

Pensions Age Winners Brochure

Highlights from the Pensions Age Awards 2025

A changing DC market

Aon DC senior partner and head of DC consulting, Ben Roe, speaks to Laura Blows about the latest changes and challenges within the DC sector

Market upheaval: time to consider short-dated bonds?

As market volatility persists, short-dated credit offers a compelling investment opportunity. Here’s why it might be worth considering.

Latest Podcasts

View More Podcasts

View Videos

Check out our latest appointments

Check out our latest features

Shifting gears

As the pensions landscape consolidates and evolves, Paige Perrin examines how The Pensions Regulator is adapting its role by shifting toward a more ‘prudential’ style of regulation. But what does this mean for the industry, and how is it reshaping relationships between the regulators, pension schemes, and trustees?

Finally on target?

Callum Conway looks at why the freedom and choice reforms failed to close the pensions advice gap, and how targeted support might offer the solution

Getting to grips with the pension ethnicity gap

Pension engagement among non-white savers is still lagging, posing challenging questions for the industry to answer. As part of Pensions Age’s year-long focus on diversity, equity and inclusion (DEI), Jon Yarker finds out more

Getting entangled in sustainable investing red tape

UK pension schemes have a unique role to play in driving sustainable impact, but complex rules are slowing momentum

Eyes on the prize

Regulators and policymakers continue to consult on whether DC schemes provide value

for money to members. But is there a risk their good intentions will be overwhelmed by other

political priorities? David Adams reports

Thinking differently

As part of Pensions Age’s year-long special focus on diversity, equity and inclusion (DEI),

Laura Blows explores neurodiversity and the pensions workplace

The best laid plans?

The government has confirmed that it will share a pension reform roadmap, but exactly what should be at the top of this list? Sophie Smith reports

Building a buy-in

Skipton group pensions manager, Andy Cheetham, pulls back the curtain on the pension scheme’s recent journey to a full buy-in

From data to delivery

Pensions Age sits down with Pension Administration Standards Association (PASA) chair, David Fairs, to discuss his newly appointed role and to find out how the association is raising administration standards and tackling data and dashboards challenges head-on

Trump’s tariffs spark a closer look at Europe

Sandra Haurant considers how Trump’s tariffs may have shifted investor attitudes towards the

European equities market

Inherited problems

The government’s plans to include pensions in the scope of inheritance tax has generated concern about how its rules can be feasibly implemented within the pensions industry. Laura Blows finds out more

Turning back time

DB schemes are currently enjoying funding surpluses, but haven’t we been here before? Laura Blows considers the changes and challenges that have occurred since the previous era of DB surplus in the 1980s/1990s, and the lessons to be learnt from that time

View More Features

Check out our latest jobs


View More Jobs

BANNER

A changing DC market
In our latest Pensions Age video interview, Aon DC senior partner and head of DC consulting, Ben Roe, speaks to Laura Blows about the latest changes and challenges within the DC sector

Being retirement ready
Gavin Lewis, Head of UK and Ireland Institutional at BlackRock, talks to Francesca Fabrizi about the BlackRock 2024 UK Read on Retirement report, 'Ready or not. How are we feeling about retirement?’

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

Advertisement Advertisement
© 2019 Perspective Publishing     Privacy & Cookies