Latest news and analysis

London, Big Ben, Parliament

Conservatives pledge to repeal mandation clause from Pension Schemes Bill

2026-04-15T11:47:00+01:00By

The Conservative Party has described mandation as “indefensible” and argued that the power to direct investments made by defined contribution master trusts “puts people’s future retirement incomes at risk”.

Standard Life

Standard Life buys Aegon in £2bn deal to create retirement savings giant

2026-04-15T13:22:00+01:00By and

The combined group will be responsible for approximately £480bn of assets under administration with around 16 million customers, Standard Life announced.

Food, groceries, vegetables

Utmost completes first buyout with food supply company

2026-04-15T11:04:00+01:00By

The development means 455 people are now covered by individual annuity policies, after Utmost insured the Noble Foods Limited Pension Scheme last year.

BP logo, oil, gas, fossil fuels, energy

LGPS funds and Railpen to vote against BP chair at oil giant’s AGM

2026-04-15T07:30:00+01:00By

Railpen and the Local Authority Pension Fund Forum have signalled their intention to vote against the reappointment of Albert Manifold at BP’s annual general meeting on 23 April.

Closed sign

Bulk annuities latest: Services company targets buyout ofter scheme closure

2026-04-14T14:57:00+01:00By

The latest headlines from the bulk annuities sector, including a £1m micro-scheme buy-in for Legal & General and a listed services company’s plan to insure two DB schemes.

Navy activity, Strait of Hormuz, military, US Iran conflict

DB schemes end Q1 with stronger funding ratio despite asset volatility

2026-04-14T11:54:00+01:00By

The conflict in Iran has not hurt the overall funding levels of DB schemes so far this year, although aggregate assets have fallen slightly since the end of 2025.

Latest video

Helen Whately, Pensions UK Investment Conference 2026 2

Video: Shadow pensions minister Helen Whately on mandation

Ahead of a vote in the House of Lords on the Pension Schemes Bill, Conservative MP Helen Whately spoke on her party’s opposition to the mandation power for a special episode of the Always a Pensions Angle podcast.

Comment

Latest on Defined Benefit

People news

London

Appointments: People’s, Isio, WTW, Hymans, Arc, IGG

2026-04-03T08:00:00+01:00

The latest hires, promotions and appointments for the week ending 3 April 2026.

James Lawrence, Smart Pension

Smart Pension names Lawrence as chief investment officer

2026-04-02T09:56:00+01:00

James Lawrence was previously Smart’s director of investment proposition, and has worked for the pension fund since 2021. The master trust aims to hit £10bn in assets this year.

Crowd, people

Appointments: LCP, TPT, Aptia, Hymans Robertson, L&G

2026-03-27T14:20:00+00:00

The latest hires, promotions and appointments for the week ending 27 March 2026.

People crossing a road

Appointments: LPFA, PIC, Broadstone, Eversheds, Aptia

2026-03-20T12:15:00+00:00

The latest hires, promotions and appointments for the week ending 20 March 2026.

Latest on Defined Contribution

Latest on Dashboards