Pension transfers average 10.8 days as volumes near £58bn
The average time to complete a simple pension transfer fell to 10.8 working days in the 12 months to 30 June 2025, down from 11 days at the end of March, according...
The average time to complete a simple pension transfer fell to 10.8 working days in the 12 months to 30 June 2025, down from 11 days at the end of March, according...
Eligible private sector employees paid a record £25.5bn into workplace pensions in 2024, according to analysis by Broadstone. According to an analysis of newly published Department for Work and Pensions data, the...
Vitality has seen record sign-ups to its annual Champions programme recruitment, with 750 new employees joining this year to bring the total to 2,139 across more than 1,200 businesses, supporting over 190,000...
Pension Protection Fund has appointed Conor Lawlor as chief strategy and communications officer. In this new role, he sits on the executive committee and is responsible for corporate affairs, strategy, public policy,...
A new verbal AI tool designed to support pension teams is due to go live with its first client this month. The AI pensions manager assistant, developed by Financial Education, led by...
The Government has closed its consultation on changes designed to reduce the gender pension gap on the Local Government Pension Scheme (LGPS) in England and Wales. These “access and fairness” changes have...
Once a niche solution, master trusts are now a dominant force in defined contribution (DC) workplace pensions, accounting for over 90% of trust-based DC membership*. They remain a key driver of growth...
Standard Life has completed a £1.9bn bulk purchase annuity transaction with the Sedgwick section of the MMC UK pension fund. Sedgwick Group was acquired by Marsh McLennan, the sponsoring employer in 1998. Mercer,...
Around 87 per cent of employees haven’t used financial coaching, while 60 per cent say their workplace doesn’t offer it, according to a new report from TrinityBridge. According to The Value of...
Over £2.5 million will be paid into the pension scheme of Dundee-based Discovery Flexibles Ltd (DFL), a Dundee packaging company, following a court ruling and action by The Pensions Regulator (TPR). TPR...