All News articles – Page 16
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NewsOne-size-fits-all retirement ‘no longer enough’, research suggests
Two thirds of pension savers polled by YouGov want greater flexibility when accessing their retirement savings.
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NewsMansion House Accord to drive growth in LTAF demand and supply, poll suggests
Three in five asset managers are exploring launching long-term asset funds as momentum grows for defined contribution pension schemes to invest in private markets.
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NewsAviva delivers £249m buy-in for packaging company pension scheme
The transaction secures the benefits of more than 3,500 members of the Molins UK Pension Fund, sponsored by Mpac Group.
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NewsNew mortality model signals first rise in pensioner life expectancy since pandemic
The latest update to the Continuous Mortality Investigation model has shown an increase in reported life expectancies for retirees for the first time in several years.
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NewsIncrease in pension contributions would create tough times for small businesses
The Federation of Small Businesses has called for a full economic assessment before any increases to minimum contribution rates.
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NewsBus company scheme exits PPF assessment with buy-in
Insurance company Just Group has helped a pension scheme exit the Pension Protection Fund’s assessment period through a £5m buy-in.
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NewsHousing costs will make or break retirement for Generation Rent
Retirement renters less than half to reach the minimum standard of living
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NewsPIC seals triple buy-in for energy tech schemes worth £900m
Source: Baker Hughes A gas turbine operated by Baker Hughes Energy technology company Baker Hughes has insured three defined benefit pension schemes with Pension Insurance Corporation (PIC) in deals worth a combined £900m.
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NewsAnnuity rates reach highest point of the decade
Average annuity rates reached 7.72% in March – a 10% year on year improvement
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NewsPensions adequacy hangs in the balance
Hargreaves Lansdown worked with Oxford Economics to assess how pension adequacy is currently measured and how each measure works for different groups.
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NewsTwo UK pension schemes announce new private markets allocations
One DB and one DC scheme announce £100m and £48m private markets mandates, respectively.
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NewsWomen’s trust in pensions falters as pay and participation gaps persist
New research reveals a sharp gender divide in trust in the pensions system, as experts warn that lower pay, career breaks and patchy pension access continue to erode women’s confidence in retirement.
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NewsFreelancers and creatives left behind as pension gaps widen in growth sectors
Cost and knowledge gaps disenfranchise savers
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NewsNatWest Cushon hires three to investment team as it eyes ‘rapid growth’
The £3bn master trust provider has hired three senior staff to its investment team as it aims to grow its business in line with the government’s ‘megafunds’ plan.
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NewsMore providers complete dashboard connections
Private sector pension schemes with more than 5,000 members and auto-enrolment DC schemes with more than 1,000 members should all be connected by the end of this month.
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NewsOmbudsman shutters ‘dishonesty’ unit after funding ends
The Pensions Dishonesty Unit directed redress to fraud victims worth more than £40m – but much of this failed to reach the victims due to court appeals and bankruptcies.
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NewsGovernment urged to strengthen low-earner protections in Pension Schemes Bill
The Pension Schemes Bill could improve retirement outcomes for low earners, but a new report warns the legislation must be strengthened to deliver on its promise.
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NewsPensions dashboards are ‘only the start of the digital journey’ [updated]
Around 90% of pension scheme memberships could be connected to the pensions dashboards ecosystem by the end of this year if the current schedule goes to plan.
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NewsMore cost concerns raised over LGPS asset pooling plans
One of the LGPS funds now searching for a new pool has warned of a hefty cost impact, as the government seeks to accelerate pooling over the next few months.
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NewsGovernment’s backstop power to force LGPS pool decisions was ‘a surprise’
The government’s potential introduction of a power to force LGPS funds into specific pools took some in the system by surprise, according to one fund’s chief executive.