Value for money (VfM) is under the spotlight again. The FCA has published an updated consultation on the new framework for contract-based DC schemes, with equivalent rules being established for trust schemes...
The House of Lords has voted to remove the power to mandate the asset allocation of pension schemes from the Pension Schemes Bill. The bill will now return to the Commons for...
The latest consultation on a new value for money (VFM) framework marks a significant step forward for the industry. There is much to welcome in the direction of travel: a forward-looking approach...
The UK pensions industry is entering one of the most consequential periods of reform in its history. The drive to create mega funds, the long-awaited delivery of pensions dashboards and intensifying scrutiny...
Hargreaves Lansdown, AJ Bell, Pensions Bee, Vanguard and five other retail Sipp providers, have slammed ‘legacy’ pension providers, for running an ‘archaic’ transfer system that is ‘not fit for purpose’. In a...
The best performing growth phase multi-employer pension default fund delivered a pre-charge return of 94.9 per cent in the five years to the end of 2025, more than triple the return of...
The government faces pressure to rethink plans to curb salary sacrifice pension contributions after the House of Lords backed a series of amendments that significantly soften the proposed legislation. Peers in the...
Younger adults are more knowledgable about where their pension is invested when compared to older savers according to new research from Pensions UK. These counter-intuitive findings highlight a generational divide about pension...
Barnett Waddingham is urging the government to introduce ‘legally protected’ learning time for lay trustees as part of ‘proportionate reforms’ to strengthen, transparency, independence and decision-making across UK pension schemes. These comments...
TPT Retirement Solutions is urging government to improve governance of professional trustees, while introducing greater scrutiny of the adviser and consultancy market. The workplace pension provider said both are needed as consolidation...
