Regular reviewing of pensions has risen from 38% in 2024 to 45% in 2026, while the proportion who never review their pension fell from 21% to 11% overall, according to new member research from TPT. Active members were also more likely to change their target retirement age, rising from 11% to 16%, and to look into investments or investment choices, increasing from 16% to 24%. However, among members aged 50+, 47% did not know whether they planned to take a lump sum. Among those not taking all their pension in one go, just over half, 52%, were uncertain what they would do with the remainder. Posted on Tuesday Aug 4
Regular reviewing of pensions has risen from 38% in 2024 to 45% in 2026, while the proportion who never review their pension fell from 21% to 11% overall, according to new member research from TPT. Active members were also more likely to change their target retirement age, rising from 11% to 16%, and to look into investments or investment choices, increasing from 16% to 24%. However, among members aged 50+, 47% did not know whether they planned to take a lump sum. Among those not taking all their pension in one go, just over half, 52%, were uncertain what they would do with the remainder. Posted on Tuesday Aug 4
Nearly half of pensions professionals expect dashboards to be used primarily at key life moments such as retirement or job changes, according to new polling from WTW. The findings point to a decisive shift away from continuous engagement towards more targeted, event-driven use. Posted on Monday Aug 3
The Pensions Policy Institute (PPI) is delighted to announce the launch of the latest edition of the UK Pensions Primer 2026/27 – our comprehensive annual guide to the UK pensions system. Posted on Monday Aug 3
Applications to The Pensions Regulator for multi-employer Collective Defined Contribution (CDC) pension schemes open today, marking an important milestone in the development of CDC pensions and the next stage in their availability across the UK pensions market. Posted on Friday Jul 31
Commenting on the opening of CDC authorisation from TPR, Paul Waters, Head of DC Markets, Hymans Robertson, said: “The opening of the authorisation process for multi-employer whole of life CDC schemes is a major and welcome milestone. Posted on Friday Jul 31
More than half (51%) of advisers believe scale is an increasingly important differentiator between workplace pension providers; just 8% disagree. Only 11% believe smaller providers can compete effectively with larger schemes. However, a quarter (25%) say scale delivers operational advantages, but not necessarily better retirement outcomes. Just 9% believe increasing provider scale directly improves member outcomes
HMRC have released its annual private pension statistics, revealing that pension withdrawals continue to rise, now exceeding £124.7 billion since flexibility changes were introduced in 2015. Posted on Thursday Jul 30
The latest HMRC data published this morning finds that the total value of taxable payments withdrawn flexibly from pensions since pension freedoms was introduced in 2015 has exceeded £124.7 billion Posted on Thursday Jul 30
The Society of Pension Professionals (SPP) has launched a comprehensive practical framework to guide pension scheme trustees, advisers, and administrators through responsible AI leadership. The new guide addresses the operational realities of widespread artificial intelligence (AI) usage across the pensions industry. Posted on Thursday Jul 30
Hughes Price Walker has said trustees should view Defined Benefit (DB) pension surpluses as strategic assets, rather than simply opportunities for surplus release, with decisions balancing member security, employer objectives and long-term scheme resilience. Posted on Wednesday Jul 29
Britain is becoming a nation of centenarians, yet many people are still planning on funding retirement as though they will live for little more than two decades after stopping work, PensionBee has warned. Posted on Wednesday Jul 29
Current system reduces or removes Housing Benefit entitlement for 330k otherwise eligible pensioners with private pension income, at an average £50 weekly reduction. Housing Benefit spending may increase by £3.4bn by 2044 reflecting a 14% fall in home ownership rates. Posted on Wednesday Jul 29
The UK DC pension market is entering a new phase with the focus moving from participation to outcomes, with pension adequacy remaining a major concern, according to Hymans Robertson’s latest paper: UK DC pensions in 2026: from participation to outcomes. Posted on Wednesday Jul 29
The Pension Protection Fund (PPF) has today launched a consultation on proposed changes to the assumptions used for valuations under sections 143 and 179 of the Pensions Act 2004. Posted on Tuesday Jul 28
As the government changes how salary sacrifice for pension contributions works, the Society of Pension Professionals (SPP) held an industry webinar on the topic attended by over 250 pension professionals. From April 2029, the amount that is exempt from National Insurance contributions (NICs) will be restricted to just £2,000 a year for employee contributions made via salary sacrifice. Posted on Tuesday Jul 28
The Pensions Regulator (TPR) has warned participating employers in the Plumbing & Mechanical Services (UK) Industry Pension Scheme that they face regulatory action if they seek to walk away from their pension liabilities leaving other employers to foot the bill. Posted on Tuesday Jul 28
New data from PensionBee shows that the overwhelming majority of self-employed pension savers are contributing to their retirement sporadically - with 87% making fewer than six one-off payments in a year, less than one every two months on average. Posted on Tuesday Jul 28
Cartwright Pension Trusts, the pension specialist for defined benefit and hybrid schemes, today urged trustees to look beyond transaction day, warning that completing a buy-in is only one stage of delivering a successful end-game strategy. Posted on Monday Jul 27
Experts at Quantum Advisory are stressing the importance of private pension saving to ensure that a comfortable income is received in retirement following newly released projections for state pension spending. Posted on Friday Jul 24
The Department for Work and Pensions (DWP) has published its roadmap, setting out implementation timescales for key defined contribution (DC) and defined benefit (DB) pension reforms. Posted on Friday Jul 24
With Andy Burnham now in office as Prime Minister and confirmation that Torsten Bell will remain as Pensions Minister, pension savers and the industry are waiting to see whether former commitments survive the harsh reality of governing. PensionBee, a leading retirement savings provider, has set out five questions it believes the new leader must address in his first months in Downing Street. Posted on Thursday Jul 23
Over a third (36%) of non-retired people in their 60s expect to work for longer because of the State Pension age rise. Nearly two in five (38%) 60-65-year-olds are working later in life to cover day-to-day bills. Over a third (37%) of working 60-65-year-olds say they are delaying retirement until they receive the State Pension. Standard Life think tank calls for better careers support and flexible working to help over 60s who need to work for longer, alongside tailored support for those most affected by rising State Pension age Posted on Thursday Jul 23
UK defined benefit (DB) pension schemes maintained strong funding positions through June 2026, according to PwC UK's Pension Funding Index, while growing regulatory clarity around surplus extraction is increasing confidence among trustees and sponsors to run on schemes and release surplus. Posted on Thursday Jul 23