Pension scheme sponsors and trustees need to be prepared for urgent intervention to protect their schemes as bond markets brace themselves for "historically high levels" of volatility, Aon has said

The funding position of FTSE 350 companies’ defined benefit (DB) pension schemes moved from a £4bn deficit to a £11bn surplus in June, according to Mercer’s Pensions Risk Survey data

Trustees of defined benefit (DB) pension schemes and their advisers should assess and monitor environmental, social and governance (ESG) risks in relation to the employer covenant, the Society of Pension Professionals (SPP) Covenant Committee has advised

The BT Pension Scheme (BTPS) has announced plans to reduce the scope 1 and 2 carbon intensity of its equity and credit portfolio by at least 25 per cent, and real estate by at least 33 per cent, by 2025

Just over one third (34 per cent) of employers believe that their defined contribution (DC) pension scheme needs to improve communication and engagement with members, according to research from HSBC Master Trust

PensionBee has written to Pensions Minister, Guy Opperman, accusing several pension providers of abusing new pension legislation to block or delay consumers from moving their pensions.

In the letter, PensionBee stated that the regulations appear to have been misused in a “variety of inventive ways”, including adding new “obstructive steps” to the transfer process to freeze “legitimate” transfers