Latest News

Top Story

Over 70 million pension records connected to dashboards ecosystem


By Callum Conway

More than 70 million pension records are now connected to the pensions dashboards ecosystem, according to the latest update from the Money and Pensions Service (Maps).

The figure represented around 85 per cent of records currently in scope for pensions dashboards, and includes nearly 1,500 pension providers and schemes that have completed connection, including the first four cohorts of medium-sized providers and schemes


Story 2

Pension superfund market set for ‘pivotal year’ in 2026

The defined benefit (DB) pension superfund market is set for a pivotal year, with several key factors meaning that 2026 will prove to be a turning point for the sector, LCP has argued

Story 3

Jamie Fiveash appointed as Pensions UK chair

Pensions UK has appointed Smart UK chief executive, Jamie Fiveash, as the new chair of the association

Story 4

Church of Scotland pension scheme completes £220m buy-in with Just Group

The Church of Scotland Pension Scheme for Ministers and Overseas Missionaries has finalised a £220m buy-in with Just Group, securing the benefits of 2,800 pensioner and 700 deferred members

Story 5

Half of £1bn+ DB schemes considering run on

Half (50 per cent) of defined benefit (DB) schemes with more than £1bn in assets are targeting run on, research by WTW has found

Story 6

Pension professionals see AI as part of member engagement solution

More than four in five pension professionals believe artificial intelligence (AI) could play at least some role in improving member engagement and retirement decision making, according to polling conducted by the Society of Pension Professionals (SPP)

Story 7

Fewer than a third of DC members expect comfortable retirement

Fewer than a third (30 per cent) of defined contribution (DC) pension scheme members believe they will have enough money in retirement to live comfortably in later life, analysis from TPT Retirement Solutions has shown

Check out our latest news

DB surplus extraction ‘likely to fall short’ of industry expectations, PPI warns

Surplus extraction from defined benefit (DB) pension schemes is likely to fall short of sector expectations, despite improving funding levels across the market, according to a report from the Pensions Policy Institute (PPI)
LGPS employer contribution rates fall 22% as funding levels improve

Employer contribution rates for Local Government Pension Scheme (LGPS) funds have fallen by around 22 per cent since 2022, according to new analysis from Pensions UK
DB scheme funding continues to improve with aggregate surplus reaching £220bn

UK defined benefit (DB) pension scheme funding levels have continued to improve over three separate measures in April, with the aggregate surplus hitting £220bn on a low dependency basis, equivalent to a funding level of 124 per cent, according to PwC’s Pension Funding Index
F.Hinds Pension Fund completes £42m buy-in with Royal London

The F.Hinds Pension Fund has completed a £42m bulk purchase annuity (BPA) transaction with Royal London, securing the benefits of 485 members

BANNER

HSB Engineering Insurance Services scheme secures buy-in with Canada Life

HSB Engineering Insurance Services pension scheme has completed a £36m full-scheme buy-in with Canada Life, securing the benefits of 191 pensioner and 128 deferred members
DB schemes believe covenant risk is rising amid global volatility

Defined benefit (DB) pension scheme professionals believe covenant risk is on the rise due to global volatility, according to LCP.


View More News

Highlighted Content

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.

Knowing your options: Journey planning for Defined Benefit pension schemes

Our video explores choices for benefit schemes. With funding improved, CFOs and FDs can step back from volatility, considering buyout, financial or operational consolidation to manage risk and secure outcomes.

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

Latest Podcasts

View More Podcasts

View Videos

Check out our latest appointments

Check out our latest features

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

Direction of travel

There has been a push on the continent for pension reform, moving from first pillar-based systems to ones centred around second- and third-pillar provision. What are the implications for UK trustees?

Rethinking trustee oversight

As schemes consolidate and governance demands increase, Paige Perrin investigates industry opinions on the idea of a central trustee register, and how it could operate in practice, from scope and design to potential unintended consequences

The UK equity question

Sandra Haurant examines the shift from UK-focused equity allocations to global portfolios, and what it means for pensions and the domestic economy

Surplus in the spotlight

Association of Pension Lawyers chair, Matthew Swynnerton, reflects on the surplus implications of the Pension Schemes Act and The Pensions Regulator’s expectations

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

Data regulations: Fit for purpose?

Thisbe Titley explores whether rules governing how pension schemes manage members’ data are keeping pace with modern risks

The journey to onboarding

Pensions Age sits down with Local Pensions Partnership Investments (LPPI) chief operating officer, Louise Jack, to discuss the provider’s onboarding of new partner funds following the 1 April implementation date for the government’s ‘Fit for the Future’ reforms

Thinking outside the box

Sometimes not abiding by standard protocol and instead thinking outside the box can make all the difference when it comes to assisting clients. Pensions Age finds out how

Pensions and AI: Potential but beware the pitfalls

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

View More Features

Check out our latest jobs


View More Jobs

BANNER

Insurance, data and the path to buyout
Laura Blows discusses the challenges facing the DB sector and how small schemes can avoid a traffic jam en route to insurance, with Isio partner, Sam Coombes, and fellow Isio partner, Steve Robinson

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

Advertisement
© 2019 Perspective Publishing     Privacy & Cookies