32% of people said they thought they would need an inheritance to have enough income to live on in retirement. 44% said they wouldn’t need one and a further 24% said they were unsure. Younger people were more likely to think they would need an inheritance, with 39% of those aged 18-54 saying so. This compares to one in five (21%) of those aged over 55. It can be challenging relying on an inheritance to fund retirement as people’s plans and wishes may change. Posted on Monday Sep 15
The Society of Pension Professionals (SPP) have responded to the HMRC consultation on draft legislation relating to inheritance tax on pensions. Posted on Monday Sep 15
Fed set to cut rates for the first time this year after 10 months, fuelling global stock market highs. AI optimism and strong earnings are powering a rally from Asia to the US. UK and Europe face hurdles as sticky inflation and fiscal pressures complicate the path for rate cuts outside the US. Posted on Monday Sep 15
There have been funding level improvements between 2022 and 2025 according to Hymans Robertson’s initial valuation results for 35 English & Welsh (E&W) LGPS funds. The analysis shows, however, that changes in funding levels within the LGPS will be varied at the 2025 valuation. Posted on Monday Sep 15
With millions across the UK facing a pension crisis, PensionBee is sounding the alarm on Pension Awareness Day, urging the government and the freshly relaunched Pensions Commission to protect the nation's 'invisible workforce'. Posted on Monday Sep 15
Only 41% of the 3 million+ working people aged 60-69 agreed they feel prepared for retirement. Almost the same proportion - 36% - said they do not feel prepared. Figures raise concerns about take-up of pre-retirement support, says Just Group Posted on Monday Sep 15
Pension Awareness Day (Monday 15th September 2025) is a key reminder for people to take action and review their retirement savings to get a realistic sense of their pension options. Posted on Monday Sep 15
Twice as many UK workers want a sabbatical than have taken one – with Gen X (44-59) showing the biggest gap between desire and reality. Health and wellbeing are the top motivators: among those who would consider a sabbatical, 57% say they’d use the time to recharge and reflect. Financial and structural barriers persist, with 45% citing affordability and 22% pointing to lack of employer support as key obstacles. Posted on Thursday Sep 11
Thousands of pension transfers are being held up unnecessarily by providers who are raising flags for transfers that have no real scam risks, according to new analysis. Posted on Thursday Sep 11
31% of UK adults have increased their monthly pension contributions beyond the minimum, and 10% have made one-off lump sum payments. Standard Life analysis finds boosting monthly contributions by just 2% could result in £52,000 more in retirement. Making one-off payments of £1,000 every five years could add £21,000 to your pension pot Posted on Wednesday Sep 10
Projected losses from poorly informed pension transfer decisions have increased by half a billion pounds in just 18 months, according to new analysis from People’s Pension Posted on Wednesday Sep 10
PensionBee has released its annual Pension Landscape for 2025. Based on analysis of more than 285,000 PensionBee customers as at June 2025, it reveals the substantial differences in average pension pot sizes, depending on a saver’s age, gender and location. Posted on Wednesday Sep 10
Various amendments to the Pension Schemes Bill have been tabled in Parliament this month, including an amendment on the Administration Levy drafted by the Society of Pension Professionals (SPP). Posted on Wednesday Sep 10
Broadstone, Standard Life and Gallagher comment on the latest PPF figures as the aggregate surplus of the 4,969 schemes in the PPF 7800 Index dipped by £2.2 billion through August 2025, decreasing from £241.1 billion to £238.9 billion in surplus. The funding ratio rose by 0.4 percentage points to 128.1% and the number of schemes in surplus fell to 3,638 but still represented nearly three-quarters (73.2%) of all schemes in the universe. Posted on Tuesday Sep 9
Hymans Robertson has published a new paper ‘Falling into a retirement adequacy crisis’, outlining the evolution of the pension adequacy problem as part of its newly launched ‘Pensions Adequacy Project’. Posted on Tuesday Sep 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 Sep 9
Analysis predicts pension pots could last anything from a lifetime to just 13 years, depending on the withdrawal and investment returns. This comes as FCA retirement income data shows that over 225,000 individuals made annual pension withdrawals of 8% or more in 2023/24 Posted on Tuesday Sep 9
UK DB pension surpluses hit record £223bn, XPS analysis shows XPS Group estimates that the aggregate surplus of UK pension schemes against long-term funding targets remains extremely positive reaching record levels of approximately £223bn up £50bn over the last 12 months including £11bn over the last month alone. Posted on Monday Sep 8
The UK’s pension savers rushed to withdraw their 25 per cent tax-free cash in unprecedented volumes in the 2024/25 financial year, data obtained by Evelyn Partners reveals. Posted on Friday Sep 5
Today marks the launch of the fourth Pension Attention campaign, fronted by TV star Ross Kemp and pension trainer Bola Sol, for its latest iteration: strengthen your pension. Posted on Friday Sep 5
The Pensions Policy Institute (PPI) has published 20 years on: Expectations vs realities of the Turner Commission, authored by Shantel Okello, Policy Researcher. This research output, kindly sponsored by the Department for Work and Pensions (DWP) assesses how the Turner Commission’s recommendations and predictions have been reflected in policy reforms and outcomes over the past two decades. Posted on Friday Sep 5
Broadstone comment as The Pensions Regulator (TPR) publishes its Occupational defined benefit scheme funding analysis 2025 looking at scheme valuations from 22 September 2022 to 21 September 2023 Posted on Thursday Sep 4
As TikTokers globally label themselves as Type A (Competitive) or Type B (Easygoing) people, Standard Life reveals how the behaviours tied to each personality type could impact your pension. Embracing a Type A pension saving approach could significantly boost your retirement pot, with differences of up to £121,000, depending on your saving habits. Posted on Thursday Sep 4
One in three UK workers (33%) now feel very or extremely confident about retiring with a comfortable lifestyle, up from 22% in 2023. Confidence is highest among younger workers and men, with 55% of 25-34-year-olds and 43% of men expressing strong optimism. Significant gaps remain, with just 23% of women and 18% of low-income workers feeling confident about their retirement prospects. Posted on Thursday Sep 4
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