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PA Spring Conference: Pensions Commission interim report due 'in coming months', Bell says


By Paige Perrin

Pensions Minister, Torsten Bell, has confirmed that the government is “pressing ahead” with the revived Pensions Commission, with its interim report due to be introduced in the “coming months” and a final report to “follow swiftly on its heels” in early 2027.

Speaking at the Pensions Age Spring Conference yesterday, 30 April, Bell said the interim report is already “well developed”, while the final report will include “concrete policy proposals about how much people need to be saving, who needs to be saving, and how the system is fit for the 21st century


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PA Spring Conference: MoneyHelper dashboard ‘on track’ with 1,000 providers and schemes connected

The MoneyHelper pensions dashboard is “on track”, with approximately 1,000 providers and schemes now connected, alongside the state pension, Money and Pensions Service (Maps) chief executive, Oliver Morley, has confirmed

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Tony Blair Institute calls for end of UK state pension under Lifespan Fund plan

The Tony Blair Institute has proposed replacing the UK state pension with a Lifespan Fund from 2030, under plans that would also scrap the triple lock and introduce a smoothed earnings link

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Providers urged to ‘press ahead’ with preparations as dashboard deadline looms

With just six months to go before the legal deadline for connecting to pensions dashboards, the Pensions Dashboards Programme (PDP) has urged organisations to keep up the momentum on their preparations

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SMEs prioritise practical support as cost pressures hit young and low‑paid workers

Almost three quarters of employers (74 per cent) are concerned their workforce is not saving enough for retirement, according to new research highlighting growing anxiety about the impact of cost‑of‑living pressures on long‑term pension saving, particularly among younger and lower‑paid workers

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South East Water ‘devoid of proper leadership’, says EFRA

The Environment, Food and Rural Affairs (EFRA) Committee declared today (1 May) that it has “no confidence” in South East Water’s (SEW) chief executive or board to deal with the numerous and ongoing failures, or to protect residents from disruption, in the latest blow to the company, which is 25 per cent owned by NatWest Group Pension Fund

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News in brief - 1 May 2026

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

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Pensions salary sacrifice cap passes into law

Changes that will cap the salary sacrifice on employer pension contributions at £2,000 a year have passed into law, as the National Insurance Contributions Act received Royal Assent yesterday (29 April), alongside the Pension Schemes Act

Three-quarters of schemes beat passive portfolios - Howden

Almost three quarters (71 per cent) of pension providers achieved higher returns than passive portfolios in 2025, according to Howden Employee Benefits’ annual research into DC default investment strategies
ORAs highlight cyber and data security shortcomings

Over half of respondents (53 per cent) to a survey of pension professionals said that cyber and data security was the area their Own Risk Assessment (ORA) found to be most in need of improvement
Pension Schemes Act comes into force in ‘landmark moment’, Bell says

The Pensions 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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PRA proposes changes to funded reinsurance impacting BPA market

The Prudential Regulation Authority (PRA) has set out proposals that could significantly raise the capital cost of funded reinsurance for bulk purchase annuity (BPA) insurers, tightening the treatment of arrangements commonly used by providers offering buy-ins to UK defined benefit (DB) pension schemes
UPDATED: TPR’s expanded CDC code of practice laid in parliament

The Pensions Regulator’s (TPR) updated code of practice for collective defined contribution (CDC) schemes has been laid before parliament, bringing multi‑employer CDC schemes a step closer to market


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Swipe right for retirement: Can pension apps match modern expectations?

As consumer technology races ahead, pensions are still struggling to deliver digital experiences that feel intuitive, responsive and engaging. Callum Conway explores whether pension apps are finally closing the gap

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Paige Perrin investigates why social mobility in the UK pensions industry remains limited, and how apprenticeships, DEI initiatives, and smarter recruitment could finally open the doors to a more diverse workforce, in the latest for Pensions Age’s special focus on DEI

Disclosures without the drama

As policymakers grapple with the future of pension sustainability reporting, UK Sustainable Investment and Finance Association (UKSIF) chief executive, James Alexander, sits down with Sophie Smith to call for smarter, more coherent disclosure rules that drive real-world outcomes, rather than red tape barriers

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As the Mansion House Compact and Accord take hold, UK pension schemes are stepping up allocations to private markets. Sandra Haurant reports

Is this the real life? Is this just fantasy?

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Stephen Worthington, explains how the UK’s largest private pension scheme has made member experience central to its operations

Cheap and cheerful?

The debate between cost and value has continued to persist, as whilst increased scale has allowed providers to negotiate better fees, not all are convinced that this is delivering the best value for savers

Closing the disability pensions gap

Many people with disabilities are unable to accumulate significant occupational or private pension savings, in part because of the difficulties to find work and the struggles they may face within the workplace. David Adams looks at what the pensions industry, employers and policymakers might do to help ensure more disabled people can enjoy a better income in retirement

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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

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