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TPR sets out AI governance expectations for pension schemes


By Callum Conway

The Pensions Regulator (TPR) has outlined its expectations for the responsible use of artificial intelligence (AI) in workplace pensions in its a new AI Plan, warning that trustees and scheme managers must act now to protect savers from emerging AI-driven risks.

The regulator said AI had the potential to “transform pensions for the better” by improving administration, member engagement and decision-making, but stressed that accountability for outcomes would remain with trustees and scheme managers, even where AI systems are used


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Annuity providers kept almost two thirds of investments in the UK in 2024

Bulk and individual annuity providers increased their UK investments by £22bn to £201bn in 2024, according to data from the Association of British Insurers (ABI)

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Abbey Life pension scheme secures £200m buy-in with Standard Life

The Abbey Life Assurance Company Limited Staff Pension Scheme has completed a £200m buy-in with Standard Life, which is also the scheme sponsor, securing the benefits of more than 1,500 members

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Pensions Age Autumn Conference 2026 open for registration

The Pensions Age Autumn Conference, taking place in London on Thursday 17 September 2026, is now open for registration

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Trustees urged to check data protection complaints compliance ahead of deadline

Pension scheme trustees have been urged to ensure they comply with a new law requiring a data protection complaints process ahead of its introduction next month (19 June), after Zedra warned the changes may have gone “under the radar” for some schemes

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Low earners could benefit from ‘opposite’ pension reforms

The Pensions Policy Institute (PPI) has warned that no single automatic enrolment reform would improve retirement outcomes for all low earners, after new modelling revealed that different groups could benefit from 'opposite approaches'

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Two thirds of UK adults continue to support the triple lock

Two thirds (66 per cent) of adults in the UK are in favour of keeping the state pension triple lock system in place, with only 14 per cent against and support seen across all age groups, according to a poll by YouGov

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Triple lock reform could save £19bn a year by 2035/36 - IF

The state pension triple lock is unsustainable, unpredictable, and intergenerationally unfair, and reform could save around £19bn a year by 2035/36 while still protecting the poorest pensioners through targeted support, a report by the Intergenerational Foundation (IF) has argued
Asset owners increase private markets and digital asset exposure

Institutional asset owners are continuing to increase allocations to private markets and digital assets, while accelerating investment in data, technology and artificial intelligence (AI), according to Northern Trust’s 2026 Global Asset Owner Peer Study


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