The number of professional trustee appointments is slowing as the market matures and increasing numbers of defined benefit pension schemes have successfully moved through insurance buyout to wind up, according to a...
The consolidation of the market into 10-15 defined contribution ‘megafunds’ by 2035 will drive better outcomes and facilitate increase in private market allocations, claims a report published by Standard Life. The report...
The Department for Work and Pensions (DWP) has published an action plan aimed at improving communications around the state pension age. This follows recommendations from the Parliamentary and Health Service Ombudsman's (PHSO)...
Current pension contribution policy falls short of adequacy for many savers, and raising contributions to 12 per cent would significantly improve retirement outcomes for most low and middle-income households. This is according...
As AI evolves faster, the Financial Conduct Authority is re-thinking what it means to be an effective regulator, with greater emphasis on competition, collaboration and system-wide risk awareness, according to a speech...
The James Neill Pension Plan has completed a capital-backed investment (CBI) transaction with Portunes Pension Capital, in a deal understood to be only the second of its kind in the UK pensions...
Trustees of defined benefit schemes are warning that ‘significant’ government pressure to utilise surpluses funds could conflict with their fiduciary duties. Research by Barnett Waddingham (BW) among 50 professional trustees found that...
These new pensions should help DC members turn a retirement fund into a lifelong income stream. But BlackRock’s head of DC solutions, EMEA, Ben Rees says success will depend on clear communication,...
Scottish Widows is launching a tool within its app, designed to help people to track down ‘lost pension pots’ from former employers and, if they choose to do so, merge separate pension...
Artificial intelligence used across pension schemes is creating a governance challenge rather than a new regulatory risk, according to Cartwright Pension Trusts. Cartwright said trustees should focus on oversight, accountability and existing...
