DB superfunds: from niche solution to £180bn market

As more pension schemes enter their endgame, defined benefit (DB) superfunds are emerging as a compelling alternative to traditional bulk annuity insurance transactions. Market confidence in DB superfunds has been boosted by five high-profile transactions completed by Clara Pensions. Clara’s recent transaction with the Church Mission Society Pension Scheme, in particular, has demonstrated how making use of a ‘connected covenant’ structure can open up the market to a broader range of schemes than was previously thought possible.

Geopolitics: Understanding the shifts behind the headlines

Exploring how geopolitical dynamics are evolving, what they may mean for markets and how wealth portfolios can be positioned through periods of heightened uncertainty. Geopolitics has been firmly back in focus at the start of 2026, with events involving Greenland, Venezuela and Iran featured prominently in the news. These developments can feel fast moving and unpredictable. But while headlines change rapidly, the forces shaping global politics tend to evolve more slowly

Pensions dashboards are schemes ready for the next step

TPR dashboards lead Lucy Stone emphasises that connection is just the start of the dashboards journey, urging schemes to keep up the momentum, focus on value data and embrace the opportunities to learn from user testing. We are edging ever closer to people being able to see all their pensions online at a time of their choosing, revolutionising how they plan for retirement. With the deadline for connection less than six months away, three quarters of all records are now connected to the central digital architecture being built by the Money and Pensions Service (MaPS).

Raising standards of trusteeship and governance

 

Lifestyle Actuary

Dalriada Trustees Limited (Dalriada), one of the largest providers of professional trustee services to pensions schemes in the UK, has today announced the appointment of Sarah Brough as a professional trustee.

Lights Camera Actuary

For the next few months Zoe Bolton will be talking to the senior actuaries in these firms, getting a brief insight into their career paths and visions for the future. This month Zoe interviews Shil Patel the UK Managing Director at Dynamo Analytics

Travelling Actuary

This month's Travelling Actuary takes us to the iconic Boston to experience New England at it’s very best.

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