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Industry figures recognised in King’s Birthday Honours for services to pensions


By Jack Gray

Three industry figures have been recognised in the King’s Birthday Honours list for services to pensions.

Pension Protection Fund (PPF) chair, Kate Jones, and People’s Partnership chief executive officer, Patrick Heath-Lay, were both appointed a Commander of the Order of the British Empire (CBE), while former Lord Mayor of London, Alastair King, was given a knighthood


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LGPS funds face staffing and skills shortage

Most Local Government Pension Scheme (LGPS) funds do not have sufficient staff and skills for their current day-to-day operations, with pay identified as a significant barrier to recruitment, according to a study from Aon

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Nearly four in 10 over-55s have no plan for tax-free pension cash

Almost four in 10 (38 per cent) people aged over 55 have no plan for how they would use the tax-free cash available from their pension, according to new research from Hargreaves Lansdown

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Capita set to miss deadline for restoring Civil Service pension services

Capita is set to miss a government deadline to restore Civil Service Pension Scheme (CSPS) administration services to contractual standards, prompting renewed criticism from the Public and Commercial Services Union (PCS)

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Government makes three appointments to TPR's board

Pensions Minister, Torsten Bell, has appointed three new members to the board of The Pensions Regulator (TPR)

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People with 'side hustles' failing to save extra earnings into pensions

Almost half (49 per cent) of UK adults have a ‘side hustle’ to bring in extra income, but only 5 per cent of them save any of their additional earnings for retirement, according to PensionBee

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PA Northern Conference: TPR to consult on trustee guidance for DB surplus release later this year

The Pensions Regulator (TPR) will consult on supporting guidance for trustees on defined benefit (DB) pension scheme surplus release later this year, TPR director of trusteeship, administration and DB supervision, David Walmsley, has confirmed

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Key aspects of pensions/IHT framework need ‘rethink' - SPP

The Society of Pension Professionals (SPP) has called on HMRC to rethink key aspects of its proposed inheritance tax (IHT) framework for pensions, arguing that it could place “unrealistic pressures” on pension schemes, and create delays and confusion for bereaved families
PA Northern Conference: Dashboards will never be finished and need 'continuous improvement'

Pensions dashboards will never truly be finished and continuous improvement will be needed, Pensions Dashboards Programme (PDP) industry principal, Chris Curry, has said
Pension saving 'plummets' when employees move to self-employment

More than three-quarters of people stop saving into a pension when they make the move from being employed to being self-employed, with younger people and those on lower incomes most likely to stop saving, analysis from the Institute of Fiscal Studies (IFS) has revealed
Workers lack pension confidence despite employers’ efforts to educate

Over a third of employees (39 per cent) do not feel confident they are making the right decisions about their pensions, despite almost all employers believing their workers understand and value their workplace pensions, according to research from Cushon

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News in brief - 12 June 2026

The latest news in brief and mandates from the past seven days
Exclusive: Pre-97 indexation reform set to push T&N Pension Scheme into PPF

The Turner & Newall (T&N) Retirement Benefits Scheme (1989) is expected to enter the Pension Protection Fund (PPF) after spending 20 years in assessment, due to upcoming changes to the lifeboat fund’s indexation rules


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Financial wellbeing isn’t just a buzzword; it should be a business necessity

Aviva Workplace pensions director, Simon Ellis, explains how financial wellbeing isn’t just a buzzword; it should be a business necessity.

Big endgame results for small pension schemes

For many CFOs and trustees, small DB schemes feel stable but not yet fully resolved. Without deliberate planning, gradual risks emerge. Moving from stability to a clear endgame requires focus.

Pensions and AI: Potential but beware the pitfalls

Ian D’Costa highlights key precautions to consider when using AI in pension-related tasks

Pensions Age Spring Conference

Endgame solutions, tackling administration challenges, the debate around surplus, CDC in retirement, targeted support, private markets in DC, value for money, and member engagement and empowerment were just some of the topics at this year's Pensions Age Spring Conference.

The silent risk in the boardroom: How to approach strategic succession planning for pension boards

Planning ahead: Pensions Age speaks to Aon partner, Michelle Burgess, and Aon head of DC governance, Madalena Cain, about what trustee boards should consider when implementing succession planning.

Pensions Age Winners Brochure

Highlights from the Pensions Age Awards 2026

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The right connection

Targeted support currently only falls under the Financial Conduct Authority’s remit with DC schemes. Paige Perrin investigates if there could be space to explore expanding the regime to The Pensions Regulator’s jurisdiction of DB schemes and beyond

The burden of choice

Callum Conway explores whether pension schemes should prioritise preserving member choice or designing better defaults as the industry grapples with disengagement, decumulation and increasingly complex retirement decisions

Self-employment and pension saving: Navigating the challenge

Greater policy attention is being given to the self employed retirement savings gap, but what is realistically needed to help close this?

Born in the USA

Sandra Haurant explores why, despite growing concerns over concentration risk, tariffs and AI-fuelled volatility, US equities remain an unavoidable cornerstone of UK pension investment strategies

A power struggle

At the end of April, the long-running dispute about including investment mandation powers in the Pension Schemes Bill was finally settled with a last-minute compromise, after the row had threatened to sink the whole Bill. But why did this proposal to compel investment in some UK assets unite most of the pensions industry in opposition to it – and is the issue now really resolved? David Adams reports

Taxing confidence

With upcoming tax changes set to reshape both pension contributions and inheritance, Paige Perrin examines how reforms to salary sacrifice and inheritance tax (IHT) could affect saving behaviour, potentially weakening incentives at a critical time for pension adequacy

Adapting to change

Pensions Policy Institute director, Chris Curry, sits down with Paige Perrin to discuss the organisations latest work, ongoing adequacy challenges and the future of the UK pension system

Behind the net-zero divide

A widening gap is emerging in UK pensions’ climate ambition. While the largest schemes push ahead with net-zero targets and delivery plans, smaller DB funds are struggling to keep pace. Is this down to limited resources and regulatory reach, or a deeper question of relevance as many schemes edge towards their endgame?

Which way to turn

As the number of endgame paths increases, Gill Wadsworth explores how those managing DB schemes are deciding which route to take

Small schemes, powerful voices

Francesca Fabrizi speaks with ShareAction CEO, Catherine Howarth, and Trustee Sustainability Working Group Chair, Bobby Riddaway, about how collaboration can empower even small pension schemes to drive meaningful corporate change

Shaping regulatory evolution

Financial Reporting Council executive director of regulatory codes and standards, Mark Babington, sits down with Paige Perrin to discuss the regulator’s current priorities, including its consultation on proposed changes to actuarial standards for CDC schemes and its ongoing work on the UK Stewardship Code

Rules and regulation roundup: What the FCA and TPR have on their plates

Callum Conway looks at how the FCA and TPR are moving from consultation to delivery, as targeted support, dashboards and the Pension Schemes Act drive a more outcome-focused, data-driven pensions system

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CDC in the UK pensions market
Pensions Age editor, Laura Blows, talks to Sophie Dapin, Director, Institutional Solutions EMEA at BlackRock, and host of BlackRock’s Rewiring Retirement podcast, about the growing interest in collective DC in the UK pensions market

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

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