New research on Pension Credit journeys conducted by the DWP shows that beyond high-level understanding of what Pension Credit was and who it was for, understanding of eligibility criteria remains low. Posted on Thursday Feb 26
Ahead of the Spring Statement, PensionBee is warning that further adjustments to pension policy would only add to saver uncertainty, urging the Government instead to commit to long-term stability. Posted on Thursday Feb 26
PPF confirms it won’t charge conventional DB schemes a PPF levy next year. Proportionate risk-based ACS levy will be maintained; PPF will work with industry to evolve its methodology over the course of 2026/27 Posted on Thursday Feb 26
Women paid more into their pensions than men in January 2026, for only the second time in PensionBee’s history. Female customers contributed 104% of the amount men contributed, despite accounting for only 42% of total customers. Posted on Wednesday Feb 25
Analysis from the DWP on the cohort of adults aged 62-65 and approaching State Pension age explores their preparation for retirement and pension adequacy. Posted on Tuesday Feb 24
Pension savers are increasingly relying on AI rather than financial guidance and advice websites to kickstart their retirement planning, according to data analysed by PensionBee, a leading online pension provider. Posted on Monday Feb 23
New data out today from the Office for National Statistics (ONS) shows that despite modest increase in overall life expectancy, the number of years which can be expected to be spent in good health has fallen to its lowest level since the ONS began collecting healthy life expectancy (HLE) data. Posted on Thursday Feb 19
Upcoming changes bringing pensions into scope of inheritance tax from April 2027 are influencing plans, with nearly a third of UK parents (29%) reconsidering how they will use their pension. A different kind of SKI: One in seven (15%) parents plan to prioritise enjoying their money now over leaving an inheritance. Almost two-fifths of UK adults (37%) expect to receive an inheritance, with 9% relying on it as part of their financial plan Posted on Thursday Feb 19
Data shows a 1.9% rise in people claiming the State Pension in the 12 months to August 2025, bringing the total to 13.2 million. 5 million are now receiving the New State Pension, up 740,000 year-on-year. Average weekly State Pension payments hit £210.73, an increase of £8.78 since August 2024.66% of Pension Credit recipients are women as of August 2025. Posted on Tuesday Feb 17
‘For many savers, it’s a case of “grab tax relief while you can”’ 5 April deadline to use up some annual allowance. No guarantee higher and additional rate pension tax relief will be around forever. 2029 salary sacrifice cap forms incentive to ‘grab it while you can. ’Bonus sacrifice or lump sum contribution could turbo-charge retirement pot. Tapered annual allowance and ‘carry forward’ explained Posted on Tuesday Feb 17
ZEDRA have welcomed The Pensions Regulator’s new Consolidated Code of Practice for Collective Defined Contribution (CDC) schemes, describing the introduction of a clearer and more structured authorisation journey, particularly for multi-employer CDC arrangements, as a positive and necessary step forward. Posted on Monday Feb 16
Use your full pension allowance, make the most of tax relief, and consider bonus sacrifice - Standard Life shares top tips to make pensions work harder this tax year end. There’s still time - Standard Life shares top tips to help people make the most of their pension savings and other key allowances before the end of this tax year Posted on Monday Feb 16
Pensions continue to offer strong value for savers, driven by tax relief that boosts long-term returns. A basic-rate taxpayer could accumulate around £7,400 more in a pension than in an ISA over 10 years by investing £20,000. Tax relief on pension contributions could offset additional inheritance tax charges post-April 2027 rule change Posted on Thursday Feb 12
PensionBee has called on the Financial Conduct Authority (FCA) to ensure that proposed reforms to pension transfers apply across the entire UK pensions market - warning that anything less would entrench a two-tier system and fail consumers. Posted on Thursday Feb 12
UK defined benefit (DB) pension schemes continue to maintain strong funding positions, reaching £220bn at the end January 2026 relative to long-term targets, new analysis from XPS Group shows. Posted on Thursday Feb 12
The total value of premiums paid into individual pension annuities grew 4% to £7.4 billion in 2025, according to the latest data from the ABI. This marks the highest annual level since pension freedoms were announced in 2014. Posted on Thursday Feb 12
People’s Partnership has called for the FCA proposals (CP25/39) to apply to the whole defined contribution market, warning that partial reforms risks leaving millions of savers with weaker protections. While welcoming the FCA’s direction of travel, the provider of People’s Pension, said further improvements are needed to ensure consistent outcomes for all savers. Posted on Wednesday Feb 11
Sackers have announced the results of a recent webinar survey examining industry views on the proposed new Value for Money (VFM) framework for workplace Defined Contribution (DC) pensions which was launched jointly last month by government and regulators (DWP, FCA, TPR) Posted on Wednesday Feb 11
This update provides the latest estimated funding position, based on adjusting the scheme valuation data supplied to The Pensions Regulator as part of the schemes’ annual scheme returns, on a section 179 (s179) basis, for the defined benefit pension schemes potentially eligible for entry to the Pension Protection Fund (PPF). Posted on Tuesday Feb 10
Employers are in danger of falling into ‘pension pitfalls’ created by complex pension legislation and increased minimum wage, claims Hymans Robertson. Posted on Tuesday Feb 10
With Valentine’s Day fast approaching, new analysis reveals how single retirees need almost £230,000 more in their pension pot than couples to achieve a ‘moderate’ standard of living in retirement. Standard Life compares the pension savings needed by single and couple pensioners to achieve Pension UK’s Retirement Living Standards: ‘minimum’, ‘moderate’, and ‘comfortable’ Posted on Tuesday Feb 10
The UK’s pension risk transfer market is poised for growth in 2026, with activity expected to surpass 2025 as larger schemes undertake more de-risking transactions. Posted on Tuesday Feb 10
The Society of Pension Professionals (SPP) has responded to the current FCA consultation “Adapting our requirements for a changing pensions market” which closes this week. The consultation seeks industry views on rules proposed by the FCA to better support consumers using digital pension planning tools and consumers making non-advised decisions to transfer DC pensions. Posted on Monday Feb 9
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