The Government has today launched its long-awaited consultation on key changes to the traffic-light transfer conditions which were introduced back in November 2021. Posted on Wednesday Jun 10
The Pensions Minister Torsten Bell today published a consultation to reduce scams in Small Self-Administered Schemes (SSASs) as, while they account for a minority of the pensions market, emerging evidence suggests that SSASs may be more vulnerable to the potential for fraudulent misuse. Posted on Tuesday Jun 9
Broadstone and Gallagher comment as the aggregate surplus of the 4,838 schemes in the PPF 7800 Index increased by £5.3 billion through May 2026 to reach £263.8 billion in surplus albeit there was no change to the funding ratio which remained at 131.2%. The number of schemes in surplus increased by 36 to 3,826 representing nearly four in five (79.1%) of all schemes in the universe. Posted on Tuesday Jun 9
Intense competition between insurers is helping UK-based defined benefit (DB) pension schemes achieve record buy-in pricing, according to LCP’s latest pension risk transfer (PRT) market update. Posted on Tuesday Jun 9
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 Jun 9
The Pensions Policy Institute (PPI), the UK's leading independent authority on pensions and retirement policy, has published a new report today that has found Guided Retirement solutions could play a critical role in improving how individuals navigate retirement income decisions. Posted on Monday Jun 8
PensionBee has called into question the effectiveness of the government's pension scam safeguards after data obtained from a Freedom of Information request showed only a minority of transfers flagged as potential scams are genuinely high risk. Posted on Monday Jun 8
New data from Law Debenture reveals a significant disconnect in how UK pension schemes oversee their administration, with many trustees taking a reactive approach despite heightened regulatory scrutiny and evolving member expectations. Posted on Thursday Jun 4
Broadstone publishes its Sirius Index May update which discloses contrasting movements in funding for the modelled schemesThe ‘growth focused’ scheme funding improved slightly from 91.7% at the end of April to 92.2% at the end of MayThe ‘matching focused’ scheme funding fell slightly from 89.7% at the end of April to 89.4% at the end of May Posted on Thursday Jun 4
The Pensions Policy Institute (PPI), the UK's leading independent authority on pensions and retirement policy, has published a new report today highlighting that a move to consolidate UK pension schemes into megafunds will not automatically lead to higher investment returns. Posted on Tuesday Jun 2
Pension reforms will create a step change in what trustees and providers need to get from the data they hold with AI methods set to be a critical enabler of how data is analysed and managed in the best interest of members. However, the real challenge will be getting the governance and controls right, including use of human oversight and ‘humans in the loop,’ according to Lumera Posted on Tuesday Jun 2
Increased flexibility should be built into Retirement Collective Defined Contribution (R-CDC) pension designs to improve retirement outcomes for members, claims Hymans Robertson. Posted on Tuesday Jun 2
The 2.2 million young adults who think pensions are pointless because they’ll never be able to retire People’s Pension calls for a reset in how the industry talks to young savers - replacing doom and jargon with clear, practical steps that make retirement feel achievable again Posted on Monday Jun 1
Generation X faces weaker retirement prospects after missing out on both generous final salary pensions and early auto-enrolment. New analysis shows they are almost twice as likely as Baby Boomers to own buy-to-let property - but less likely to hold tax-efficient investments. Experts warn reliance on property could leave many exposed. Posted on Monday Jun 1
The Society of Pension Professionals (SPP) this week hosted a webinar “Enabling good retirement decision-making” to examine how the pensions industry can encourage members to better understand and engage with their various options at retirement. Posted on Friday May 29
TPT Retirement Solutions has found that a significant proportion of defined contribution (DC) savers are aware they are not saving enough for retirement, supporting the findings of the Pension Commission’s Interim Report. Posted on Friday May 29
Data published by the Department for Work & Pensions (DWP) finds that Pension Credit applications, claims and awards have dropped sharply in the past year. Posted on Thursday May 28
UK defined benefit (DB) pension schemes continue to report improving funding positions across low-dependency, buyout and superfund measures, according to PwC’s Pension Funding Index. Posted on Wednesday May 27
Young people face a “financial trilemma”: Saving for retirement, building a house deposit and rising living costs. Pension scheme design can materially affect the timeline for first-time buyers to purchase a home, according to new research from Hymans Robertson. Posted on Wednesday May 27
Nearly a third (31%) of retirees say their standard of living is worse now than before they retired, compared with just one in five (20%) who say it is better. Many retirees say they underestimated both the cost and length of retirement, with 17% saying they would need more money than expected and 16% saying retirement would last longer than they originally thought. Looking back, three in ten (30%) wish they had saved more regularly, while others regret not understanding sooner how to turn pension savings into a sustainable retirement income. Findings come as Pensions Commission report reveals that around 15 million people are currently not saving adequately for retirement. Posted on Wednesday May 27
Aon has released ‘CDC – Everything you need to know in 2026’, a new paper that draws together the firm’s extensive research on Collective Defined Contribution (CDC) pensions and looks to the future at the potential this new type of pension scheme brings to the UK. Posted on Tuesday May 26
Analysis of the Pensions Commission report by Martin Willis of Barnett Waddingham highlights significant changes in the self-employed population, alongside some striking statistics. Posted on Friday May 22
Becoming self-employed is a major turning point for peoples’ pension saving, with half (49%) of those with a private pension who have done so changing how they save for the future after leaving PAYE employment. Standard Life research comes as the Pensions Commission warns only 4% of wholly self-employed people are saving into a pension. While a fifth (18%) increase how much they save, a third (33%) reduce, pause or stop pension contributions. The impact of pausing: a five-year pause in contributions in your 30’s could reduce a pension pot by £25,000 Posted on Thursday May 21
Aon has said that its 2026 Endgame Survey has highlighted the growing range of endgame options that UK defined benefit schemes are now considering. Conducted during the spring of this year, the survey of over 350 schemes has shown that 85 percent of them have reached a view on their endgame. The remaining 15 percent describe themselves as undecided on the option to take or are deliberately choosing to stay flexible in their approach. Posted on Thursday May 21
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