Decumulation, often described as the “nastiest, hardest problem in finance”, sits at the heart of how members turn their pension pots into a sustainable income for life. In this episode, and the first in a two part series, host Sophie Tennison speaks with pensions lawyer Wendy Hunter and WTW adviser Andrew Doyle to unpack why decumulation is so complex, what’s changing under the Government’s new Guided Retirement framework, and how schemes can better support members at retirement. They explore the trade offs between drawdown, flex and fix solutions and lifelong income options like Retirement CDC, and the legal and governance considerations trustees must navigate.
The Bank of England’s Money and Credit data publication today finds that net mortgage borrowing increased to £4.8 billion in February, from £4.2 billion in January, above the previous six-month average of £4.5 billion.
We don’t yet have the final requirements and nor do we know exactly when they will come into force, but there’s no doubt big change is coming and administering authorities should already be planning for them. In this article we set out where the proposals have got to and what funds should be doing to prepare. It’s been five years since the publication of the final Good Governance report for the Scheme Advisory Board, and most of the recommendations are close to becoming reality.
Three in five (61%) parents of adult children provide financial support. This includes everyday living costs (26%), property help (13%), children’s savings (11%), and covering university fees to avoid student loans (11%). Parents cite a strong sense of responsibility (46%) and a desire to protect their children from debt or financial hardship (47%) as key motivations. Yet three quarters (74%) providing this support say it has affected them financially: 27% have dipped into savings and 15% expect to retire later or have a more modest retirement as a result
Volatile week ahead as Vix reaches tariff tantrum levels. UK markets battle with rate hike expectations. US markets brace for a string of economic data points. Oil ticks higher as de-escalation doubts mount.
Barnett Waddingham and ARC Pensions Law comment on the The Pensions Regulator publishing its guidance on Section 37 issues arising from Virgin Media Ltd vs NTL Pension Trustee II Ltd.
Comprehensive car insurance premiums have fallen by 9% (£66) during the last 12 months1 with UK motorists now paying £711 on average, according to the latest Confused.com Car Insurance Price Index in association with WTW.
Schroders, examines how concern is growing that an energy shock triggered by the Iran war will lead to a period of stagflation - something that may make investors wary. But history suggests stocks in an environment of low growth and high inflation may not perform as poorly as investors fear. On the back of soaring energy prices, fears are once again rising that the global economy could be heading in a stagflationary direction – one where economic growth is weak and inflation high.
Stocks, bonds, and gold all fell yesterday as markets want action, not words. Higher bond yields put pressure on finding a swift resolution in Iran. UK markets react to retail sales and consumer confidence data. US market sell-off showcases the benefits of diversification
Regulations made under section 37 of the Pension Schemes Act 1993 restricted certain alterations to the rules of an occupational pension scheme contracted-out on the salary-related basis.
Almost one-in-three (28%) people who have attempted to switch pension providers in the last three years have found the process “difficult”. Worryingly, one-in-ten people said the process took three to six months, with the same proportion simply giving up on moving their retirement pot entirely.
See how early adopters are using AI to elevate human judgment and creativity. As AI adoption expands globally, board members and senior leaders are defining how to manage and govern the human + AI partnership to maximize their return on investment. They report key learnings. As early as 2019, Professor Mark Kennedy of Imperial College London distinguished between the role of AI in automation (replacing human tasks with technology), augmentation (improving human outcomes through technology) and addition (finding new sources of value).
A growing ‘protection gap' among UK motorists is becoming more apparent as consumers try to manage costs, according to new research from Close Brothers Motor Finance.
FTSE 100 dips after two days of gains. Gold slides below $4,500. US markets: Initial jobless claims in focus, 211k expected. Brent Crude heading towards $105. US natural gas storage figures later. Year-to-date prices -6.5% vs +90% for EU contracts. Memory stocks face their DeepSeek moment
Bond markets offering income levels not seen for a decade as yields reset after years of rising rates. Risk-adjusted returns from fixed income have strengthened, creating a rare window of opportunity for longer-term investors. Next year’s IHT changes are reshaping wealth planning, particularly how investors balance capital versus income when passing on assets. Tax year end is prompting investors to secure current yield levels.
More people could access financial advice, under proposals set out by the Financial Conduct Authority (FCA). The FCA is consulting on how to make it easier for firms to give more simplified forms of individualised financial advice to consumers.
The Consumer Prices Index rose by 3.0% in the 12 months to February 2026, unchanged from the 12 months to January. Clothing made the largest upward contribution to the monthly change, while motor fuels made the largest, offsetting, downward contribution. Core CPI (CPI excluding energy, food, alcohol and tobacco) rose by 3.2% in the 12 months to February 2026, up from 3.1% in the 12 months to January. Oil and gas prices remain highly elevated despite President Trump’s claims of progress in negotiations and a partial reopening of the Strait of Hormuz.
Standard Life and IG comment as CPI holds at 3% for February, broadly in line with expectations. However, conflict-related rising energy and cost pressures are expected to push inflation higher in the months ahead
Inflation announced as 3% for the 12-month period to February 2026.This is the last inflation figure released before the state pension increases by 4.8% from 6 April, indicating an above-inflation boost for pensioner purchasing power.Aegon calls for clarity on the government’s long-term plans, with the state pension set to sit just £23 under the £12,570 income tax threshold.
TPR CEO calls for industry to align behind a shared vision of generating a sustainable income for retirement savers. The Pensions Regulator (TPR) Chief Executive has challenged the pensions market to innovate to help deliver a modern system providing long-term value for savers and a secure income at retirement. In a speech to the JP Morgan Pensions and Savings Symposium, Chief Executive Nausicaa Delfas stressed that the UK pensions system is entering a new era with the current Pension Schemes Bill and work of the Pensions Commission.
Standard Life modelling shows that if the nil-rate band had risen in line with inflation since the beginning of its freeze, it would now be around £200,000 higher than its current level. 9 in 10 (89%) UK adults have little or no awareness of the upcoming inheritance tax (IHT) pension changes. Just one in seven Gen X understand how IHT works, despite being the generation most likely to currently be dealing with inheritance issues. 30% of UK adults think their estate will exceed the IHT threshold
M&G plc (“M&G”) today announces a £140 million bulk purchase annuity (BPA), securing the pension benefits of around 650 members of the Panasonic UK Pension Plan for Panasonic Europe, which through its subsidiaries is a leading supplier of consumer and business-related electronics products.