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Guided retirement likely to rely on 'partial information' about savers - PPI


By Callum Conway

Pension schemes and providers are likely to have to design guided retirement solutions using only 'partial information' about savers, according to new research from the Pensions Policy Institute (PPI).

The report, Designing Guided Retirement Solutions: Meeting Member Needs, found that schemes will need to group members into broad, data-informed categories based on characteristics they can reasonably observe or infer, rather than relying on a complete picture of an individual's financial circumstances


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HMRC launches consultation on GMP conversion tax changes

HM Revenue & Customs (HMRC) has launched a consultation on draft regulations designed to prevent pension scheme members from facing unexpected annual allowance tax charges as a result of guaranteed minimum pension (GMP) equalisation exercises

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Over four in five pension transfer amber flags not linked to high-risk investments

More than four in five (81 per cent) amber pension transfer scam alerts raised since November 2021 have been linked to either 'unknown' categories or overseas investment concerns, according to analysis from PensionBee, which has questioned whether current scam protection measures are causing unnecessary delays for savers

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TPR urged to consider more ambitious and member-centred approach to Corporate Strategy

The Pensions Regulator (TPR) should adopt a more ambitious, inclusive, and member-centred approach to its Corporate Strategy, according to the Association of Member Nominated Trustees (AMNT)

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Standard Life rebrands institutional investment platform

Standard Life has rebranded its institutional investment platform from Phoenix Corporate Investment Services to Standard Life Corporate Investment Solutions (CIS)

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M&G to add PruFund range to Scottish Widows Platform

M&G has agreed to make its PruFund range available on the Scottish Widows Platform, marking its first third-party platform launch

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FCA proposes simplified climate reporting rules for investment products

The Financial Conduct Authority (FCA) has proposed simplified climate reporting rules for investment products, in a move it said could save investment firms around £20m a year

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Industry calls for greater focus on adequacy and member outcomes in TPR strategy

The pensions industry has urged The Pensions Regulator to provide clarity and focus on adequacy and member outcomes in its new Corporate Strategy, alongside more extensive references to new solutions such as surplus release and collective defined contribution (CDC) pensions
Fiduciary managers 'missing opportunities' through risk aversion

Fiduciary managers (FMs) may be missing opportunities to add value for pension schemes due to increasingly cautious investment approaches, according to Barnett Waddingham's latest Fiduciary Management Investment Performance Review
IPO ‘mega-listings’ present growing challenge for DC schemes

The resurgence of major initial public offerings (IPO) presents a growing challenge for defined contribution (DC) pension schemes, Isio has warned
Trustees urged to consider run-on rather than 'defaulting' to buyout

Hymans Robertson has challenged several common 'myths' surrounding defined benefit (DB) pension scheme run-on strategies, arguing that trustees should consider the full range of endgame options rather than defaulting to buyout

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News in brief - 5 June 2026

The latest news in brief and mandates from the past seven days...
CDC schemes to receive transfers without member consent; retirement CDC excluded

Accumulation collective defined contribution (CDC) pension schemes will be able to receive transfers without member consent in the same way as master trusts, although retirement CDC schemes have been excluded from the provision, the Department for Work and Pensions (DWP) has revealed


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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

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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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