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Scale benefits for pensions ‘not guaranteed’ - TPR


By Ellie Carric

While economies of scale could deliver benefits for defined contribution (DC) scheme members, these gains are not guaranteed, analysis by The Pensions Regulator (TPR) has found, warning that the market must remain alert as consolidation continues.

TPR published the review of the evidence on the link between scale and performance in DC pension schemes, drawing on findings from the UK and overseas on the extent to which the current drive to scale and consolidation could improve member outcomes


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Private credit growth raises concerns over pension scheme risks

The rapid growth of the private credit market and increasing pension scheme exposure to the asset class could create systemic risks without stronger oversight and transparency, a new report from RSM UK and Fieldfisher has warned

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TPR committed to 'raising the bar' on member outcomes

The Pensions Regulator (TPR) director of defined contribution and master trust supervision, Kim Goodall-Brown, has said the watchdog remains focused on improving member outcomes as the defined contribution (DC) market matures, speaking at the recent DC and Financial Wellbeing Conference

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Most pension professionals say property plays a role in retirement income

Nine in 10 (90 per cent) pension professionals said that property has a role to play in supporting individuals’ retirement income, in polling at a recent Society of Pension Professionals (SPP) event

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News in brief - 8 May 2026

The latest news in brief and mandates from the past seven days

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TPR outlines vision for megafunds and simplified pensions market by 2036

The Pensions Regulator (TPR) chief executive, Nausicaa Delfas, has said the UK workplace pensions market could look “very different” by 2036, with a smaller number of large pension megafunds, greater consolidation and more scheme-led retirement solutions becoming the norm

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Pension Schemes Act comes into force in ‘landmark moment’, Bell says

The Pension Schemes Act has come into force today (29 April) after being granted Royal Assent, in what Pensions Minister, Torsten Bell, described as a “landmark moment” for savers

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DB pension scheme buyouts ‘not a near-term universal shift'

Four in 10 trustees and pension professionals expect around a fifth of today’s defined benefit (DB) pension schemes to buyout within the next five years, according to research from Aptia
Broadstone CARE launches to support DB legacy contracts

Broadstone has launched a new service, Broadstone CARE, to help trustees and sponsors of defined benefit (DB) schemes that remain in legacy insured contracts to evaluate their options and maximise value


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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

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