The state pension triple lock will be replaced with an “annual double lock” after the next general election, Prime Minister, Andy Burnham, has announced, with the earnings link removed from the annual uprating mechanism as part of plans to fund a new National Care Service

The Arco Group Pension and Life Assurance Scheme has agreed to transfer its 1,281 members and approximately £135m in assets to the defined benefit (DB) superfund, Clara Pension Trust, as part of the wider sale of Arco Limited

The pensions industry has broadly welcomed Prime Minister Andy Burnham’s decision to replace the state pension triple lock with a new “double lock” from 2030, although experts have warned that the detail of the earnings link, retirement adequacy and wider social care funding will be critical

The bulk annuity market (BPA) continues to be dominated by smaller transactions, with schemes below £100m accounting for 82 per cent of deals (113 transactions) completed in the first half of the year, while half were below £10m, according to Aon's latest update

Two pension savers in England and Wales lost more than £400,000 each to scams in 2025/26, according to data obtained from the City of London Police through a freedom of information (FOI) request

The planned reform of the state pension triple lock has strengthened the case for a “second wave” of pension reforms, including extending automatic enrolment (AE) to the self-employed, according to Harmonic Financial Planning