Latest News

Top Story

Pension schemes urged to accelerate private capital investment under Mansion House agenda


By Callum Conway

UK pension schemes need to move from preparation to investment to achieve the goals of the Mansion House agenda, UK Private Capital has argued, as reports highlighted continued barriers to private market allocations across both defined contribution (DC) pensions and the Local Government Pension Scheme (LGPS).

The two reports, UK DC Pensions & Private Capital: The State of the Market and LGPS & Private Capital: An Evolving Landscape, assessed progress over the past year and outlined measures to accelerate pension fund investment into private capital


Story 2

Pension bulk annuity volumes set to exceed £10bn in H1 2026

UK pension bulk annuity volumes for the first half of 2026 are expected to exceed £10bn, surpassing the £9.7bn of transactions completed during the same period last year, according to Aon

Story 3

Chancellor encouraged to commit to pension tax stability ahead of Budget

UK Chancellor, John Healey, has been urged to commit to protecting pension tax-free cash and tax relief ahead of the October Budget, amid concerns that continued uncertainty could trigger another wave of potentially damaging withdrawals from retirement savings

Story 4

LCP launches sole trusteeship support service

LCP has launched STratify, a new service designed to support pension schemes operating under a professional corporate sole trustee (PCST) model

Story 5

Two fifths of working age adults fear they won’t be able to afford housing in retirement

Around six million people do not know how they will pay their rent or mortgage in retirement, according to research by Royal London

Story 6

Broadstone launches trade union pensions consulting service

Broadstone has launched a consulting service for trade unions, providing support on pension arrangements, member representation and regulatory developments

Story 7

TPR launches ‘no-surprises’ enforcement approach focused on preventing member harm

The Pensions Regulator (TPR) has launched a new outcomes-focused enforcement approach, shifting away from compliance-led oversight towards earlier intervention, greater use of data and a 'no-surprises' model designed to prevent harm before it occurs

Check out our latest news

Aggregate DB scheme surplus continues to rise in August

The aggregate surplus of defined benefit (DB) schemes in the UK increased by £2.3bn in August 2026 to £273.6bn, the latest data from the Pension Protection Fund (PPF) has shown
Industry calls for 'fundamental rethink' of General Levy framework as proposed increases raise concerns

The government has been urged to review the General Levy framework before introducing further increases, amid warnings that the proposals could disproportionately affect large schemes, distort value for money assessments and undermine wider consolidation objectives
Pensions dashboards could 'hold the key' to identifying pots for IHT purposes

Pensions dashboards should allow executors to identify all unused pension pots belonging to deceased relatives, helping bereaved families manage potential inheritance tax (IHT) charges from April 2027, RSM UK has said
DB schemes warned not to overlook value of contingent assets

Defined benefit (DB) schemes should consider a more prominent role for contingent assets in their pension strategy, according to a paper by the Society of Pension Professionals (SPP)

BANNER

Most savers favour returns over greater UK pension investment

Almost two thirds (61 per cent) of pension savers say they prioritise the best investment returns over location, despite the government’s efforts to encourage pension schemes to invest more in the UK, according to a survey by PensionBee
Industry warns govt against ‘scale for scale’s sake’ as consultation closes

The government’s proposed workplace pension scale framework must focus on member outcomes rather than consolidation for the sake of it, while recognising scale already achieved through shared investment strategies and pooled assets, industry figures have argued


View More News

Highlighted Content

VAT recovery and pension schemes: A problem for employers, trustees or HMRC?

Matthew Swynnerton discusses the confusion surrounding HMRC’s shifting guidance towards pension schemes recovering VAT costs

Reforms focus: A changing landscape

Smart UK chief executive, Jamie Fiveash, shares more about Smart Pension surpassing £10 billion in assets under management (AUM) and how this is much more than just a number

Expanding ESG transparency in private markets

Pensions Age speaks to Sustainalytics ESG research analyst, Melissa Bird, about why extending ESG frameworks into private markets matters more as investor allocations continue to increase.

The future of pension transfers: Pace balanced with protection

Pension transfers are getting faster, and that’s good news for savers.

Tech for a new world

From dashboards and targeted support, to transfers and tracing, our panel considers the technological challenges and opportunities that will define the future of pensions

Supporting retirement decisions

Laura Blows discusses retirement saving levels in the UK, and the support required for members, trustees and employers, with Wealth at Work director, Jonathan Watts-Lay

View More Highlighted Content

Latest Podcasts

View More Podcasts

View Videos

Check out our latest appointments

Check out our latest features

Fewer hands, greater power

Consolidation is reshaping UK pensions, concentrating power among fewer trustees and driving a shift towards a more professional, large-scale governance culture. But alongside the benefits, it also raises important questions around accountability, diversity, and whether member voices risk getting lost

Economic abuse: Targeting pension savings

Laura Blows explores how pensions can be weaponised in economic abuse, along with the industry’s duties when such abuse is suspected

International Influence

Paige Perrin explores which countries influence the UK pensions system, what lessons can be adopted, and where regulatory and cultural differences limit direct comparison

Clearing a path

Attempts by legislators and regulators to improve the UK’s pensions system add to its complexity and may also create new problems. David Adams reports on some of the most significant gaps and contradictions in an ever-more complex system

Reforms focus: A changing landscape

Smart UK chief executive, Jamie Fiveash, shares more about Smart Pension surpassing £10 billion in assets under management (AUM) and how this is much more than just a number. Fiveash also discusses the changes occurring in the DC industry, including reforming the DC transfer framework, delivering true value for money, and resolving the small pots problem

Focused on the future

Paige Perrin sits down with Avon Pension Fund head of fund, Nick Dixon, to discuss the fund’s priorities, how it is using its surplus, and progress towards its climate targets

A new chapter

Society of Pension Professionals (SPP) president, Calum Cooper, sits down with Paige Perrin to discuss his recent appointment as SPP president, priorities for his tenure and the challenges facing the pensions system

A mid-life (pensions) crisis

Callum Conway explores why Gen X has become a key focus for the Pensions Commission, as the cohort approaches retirement caught between the decline of DB provision and the late arrival of auto-enrolment

IPOs blasting off

Sandra Haurant considers how the SpaceX record-breaking IPO will impact indices, and in turn, pension funds’ passive investments

Beyond the back office

Pensions administration has typically been seen as a back-office function. However, Paige Perrin investigates how this perception is changing as administration plays a increasingly crucial role in major strategic initiatives

The right balance

With systematic challenges ahead for the state pension, how do policymakers improve fiscal sustainability without sacrificing simplicity and retirement security?

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

View More Features

Check out our latest jobs


View More Jobs

BANNER

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

Advertisement Advertisement
© 2019 Perspective Publishing     Privacy & Cookies