HMRC has now repaid more than £1.5bn to people who have been overtaxed on pension withdrawals since Pension Freedom rules were introduced. In total pension savers reclaimed £48.5m in the third quarter...
Competition for the digital attention of pension customers has never been fiercer. Every provider wants to capture their audience, encouraging customers to save more, consolidate their retirement pots, and manage their later-life...
The UK faces a tapestry of interconnected challenges around retirement security. Recent reforms suggest a certain resilience. However, there are also vulnerabilities that threaten the prospects of future generations. The challenge of...
The hype around AI and other emerging technologies is fast becoming reality, with real-world applications transforming pension engagement and client servicing. At the same time, new regulations - particularly around targeted support...
One in four adults don’t know who their current pension provider is, while a similar proportion were unaware that changing jobs could result in multiple pensions pots, according to new research. The...
The introduction of the Pension Schemes Bill marks a significant change for the UK pension sector. Yet legislation alone can only do so much. How we and our members think about pensions...
With £160 billion of surplus assets held across defined benefit pension (DB) schemes1, many schemes are sitting on a significant, yet underutilised, resource. Mercer’s Surplus Transfer Solution, via the Defined Contribution (DC)...
TPT Retirement Solutions has appointed Kim Nash, Venetia Trayhurn and Alison Hatcher to the board of trustees for its proposed multi-employer collective defined contribution (CDC) scheme. Nash, professional trustee and managing director...
Trustees and pension managers are being warned about the potential risks of using AI to simplify scheme administration. The Pensions Administration Standards Association (PASA) has issued new guidance, which offers practical support on...
From medieval pensions awarded for service to the King to today’s global trillion-pound investment vehicles, pensions have transformed from gestures of royal generosity into a cornerstone of modern welfare. Throughout history, they’ve...
