The deal is the biggest single transaction announced this year and follows a 2019 buy-in of a similar size for the Rolls-Royce DB pension scheme.
The latest hires, promotions and appointments for the week ending 8 August 2025.
The deal covers 122 deferred members of the WCF Ltd Staff Retirement Benefits Scheme, and was completed in less than five months, according to lead adviser Gallagher.
The Public and Commercial Services union has been in dispute with MyCSP about its planned transition to Capita – a process the National Audit Office says is missing targets.
Standard Life has insured the Sedgwick Section of the MMC UK Pension Fund in a bulk annuity transaction worth £1.9bn – the insurer’s biggest single deal since entering the market in 2018.
As the revived Pensions Commission begins its work on inequalities and shortfalls within the pensions system, Travers Smith’s Daniel Gerring and Savannah Adeniyan take a look at the retirement savings gap that exists for LGBTQ+ people.
Trustees, especially member-nominated trustees, will be crucial in communicating the effects of a recent government decision on tax relief top-up payments, writes Kate Upcraft of the Association of Member Nominated Trustees.
Despite significant improvements to inclusivity in pensions, there are still some groups that struggle to engage with their retirement savings. LCP’s Jess Horner and Zoë Burdo, organisers of the O:pen industry network, explain what can still be done to address the shortfalls.
The importance of the employer covenant has helped shape UK pensions regulation, writes Arabella Slinger of the Society of Pension Professionals. The Pension Schemes Bill shows there is no sign of its importance reducing.
The latest hires, promotions and appointments for the week ending 8 August 2025.
Chris Hogg was most recently chief executive at the National Grid UK Pension Scheme, where he oversaw significant governance changes and a derisking programme.
The latest hires, promotions and appointments for the week ending 1 August 2025.
Dirk Paterson and Matthew Blakstad join as deputy directors as the trade body aims to get “2030 ready”.
Chris Hogg was most recently chief executive at the National Grid UK Pension Scheme, where he oversaw significant governance changes and a derisking programme.
Everton is the first Premier League football club to be awarded Living Pension accreditation, which reflects high employer contributions and minimum annual savings targets.
The Thinking Ahead Institute’s latest peer study warns that low contributions, cautious defaults and poor decumulation design are leaving members exposed – with income adequacy expected to take decades to resolve.
Middle-income workers approaching retirement are most at risk of falling short of their pension income goals, according to new research from Vanguard.
The deal is the biggest single transaction announced this year and follows a 2019 buy-in of a similar size for the Rolls-Royce DB pension scheme.
The deal covers 122 deferred members of the WCF Ltd Staff Retirement Benefits Scheme, and was completed in less than five months, according to lead adviser Gallagher.
Standard Life has insured the Sedgwick Section of the MMC UK Pension Fund in a bulk annuity transaction worth £1.9bn – the insurer’s biggest single deal since entering the market in 2018.
The transaction is the third buy-in the energy company has completed, following deals in 2019 and 2020, and brings the total liabilities insured to £4.5bn.
As more and more pension schemes and providers are connecting to the dashboard data ‘ecosystem’, Ellie Duncan – author of Open Banking and Financial Inclusion – explores the lessons the pensions industry can take from the technology revolution in UK banking.
Three more major pension providers have confirmed successful connections to the pensions dashboards ecosystem, as staging deadlines approach and regulatory scrutiny intensifies.
Testing of the MoneyHelper Pensions Dashboard will run until 2027, according to the Pensions Dashboards Programme, with up to 20,000 people expected to participate over the course of the project.
With connection deadlines coming and going and many organisations already linked up, independent consultant Richard Smith assesses the government’s progress on dashboards and looks at what is still left to do to make them a reality.