Over a third of people who changed jobs in the last five years didn’t ask about their new employer’s pension scheme during the recruitment process. Just 6% of jobseekers asked about the pension scheme during a first interview and only 10% did so at final interview. 40% of full-time workers don’t know how much their employer contributes to their pension and 43% have never changed their own contribution levels
Ceasefire talks have quelled oil prices and supported stock markets despite mixed dataLuxury goods stocks provide early indicators of consumer impact of Iran war. IMF downgrades growth forecast for UK because of conflict but keeps in place global forecast for 2027
The outbreak of war in the Middle East at the end of February raised fears of inflation, and expectations that interest rates could rise, resulting in gilt prices falling. They have risen a little since, but movements have created opportunities for people planning to use gilts as an alternative to cash savings. The tax benefits make this particularly attractive to those who would otherwise pay tax on their savings – including savers set to be affected by the lower Cash ISA limit from 2027
Adverts which used edited, unauthorised clips of Martin Lewis to make misleading claims about average motor finance compensation and used the Financial Conduct Authority (FCA) logo without permission, have been banned by the FCA.
A UK pension buyout requires robust data preparation, clear member communication and strong administration planning to ensure a secure, well governed and uninterrupted transition from scheme to insurer. Over the past decade, UK pension commitments exceeding £250 billion have been secured through transfers to the bulk annuity market.
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).
Leading independent professional services consultancy Barnett Waddingham (BW) today publishes findings from its 2026 survey of all 11 active bulk annuity insurers. This reveals that, despite a record-breaking year for defined benefit (DB) pension schemes converting their buy-ins to buyouts, schemes are taking longer to get to buyout and the backlog at insurers is increasing.
Consumers and businesses could be given greater control over their financial data to help secure better deals, under a vision for open finance published by the FCA.
FTSE 100 opens slightly higher as oil prices retreat. Brent crude hovers around $98 a barrel, falling back amid hopes for new talks. BP forecasts an exceptional period for its trading division in the first quarter. UK shoppers show signs of resilience after March retail sales beat expectations.
The role of judgement: deciding when to follow the market. This is the second article in a series on pricing in a softening market. In the first article, we looked at the gap between technical price and market price. The next question is what happens when those two numbers diverge. At that point someone has to decide whether to follow the market or not. Technical pricing answers a specific question: what does the risk cost?
One in six (16%) of those who had retired have either already returned to work or are considering it amid ongoing financial pressures. New DWP data shows more people working into retirement, with a pandemic dip followed by a post-2021 rebound following high inflation. A third (30%) of retirees say their standard of living is worse than before they retired, compared to just 22% who say it’s improved. Many retirees feel underprepared: one in five (20%) wish they had known they’d need more money, while 21% wish they had planned more thoroughly
Underwriting and modeling approaches for cyber may need to evolve as AI is reshaping cyber risk by increasing the speed, scale, and coordination of attacks, says CyberCube.
Building on its SPP 2025 AI Survey, the Society of Pension Professionals (SPP) has conducted a survey of its members to establish the degree to which the adoption of Artificial Intelligence (AI) has changed in the UK pensions industry over the last year. Last year 87% of respondents indicated they were utilising AI. This year 100% of respondents did so.
Brent Crude shoots higher as US vows to blockade the Strait of Hormuz. Equity markets fall in reaction to worries about a longer energy crisis. Victor Orban’s defeat sends the Hungarian forint soaring. Hopes for greater European unity rise with the UK also considering easing trade rules. Companies brace for further repercussions of the Iran war with a miserable May looming after an anxious April. Housebuilders and airlines fall back in early trade, as interest rates are set to rise and a jet fuel shortage looms.
Employers should lead on support and education for young savers to capitalise on their engagement with pensions, according to Quantum Advisory. New research from Pensions UK has perhaps surprisingly revealed that younger pension savers are more likely to understand and proactively engage with their defined contribution pension investments than older colleagues.
The Pensions Dashboards’ marathon appears to be nearing the final lap. The largest pension schemes, those covering most UK savers, are already connected to the digital architecture. Only the smaller, individual trust-based schemes remain - and there is a confident expectation these final schemes will be on board ahead of the October deadline. We already know that the infrastructure works. A first wave of testers have confirmed their identity and added their national insurance number.
Investors take a glass-half-full view of the Middle East ceasefire. Oil prices remain elevated, with the Strait of Hormuz in focus. TSMC sales beat market forecasts, AI hardware trade still attractive. Gold on track for third consecutive week of gains
Aaron Punwani, LCP CEO, commented: “Promoting new partners is always a highlight of the year because it recognises the people that play a key role in helping to drive our firm forward and maintain our culture and approach to business.
Fragile agreements in the Middle East won’t change the longer-term picture for oil, says Malcolm Melville, Fund Manager, Commodities at Schroders in his latest market commentry below.
Broadstone rebases its Sirius Index for 2026 to track a ‘growth focused’ and ‘matching focused’ investment strategy. The ‘growth focused’ scheme funding had improved to 90.8% funding by the end of February but dropped back to 89.0% over March. The ‘matching focused’ scheme funding was less volatile, with funding rising slightly to 90.3% at the end of February, falling back to 88.6% over March
The annual release of stolen vehicle recovery (SVR) data from Tracker Network UK Limited, confirms the success of its growing collaboration with U.K. police, car manufacturers, leading dealer groups, and insurers. In 2025 Tracker and U.K. police reported a 55% increase in the total number of stolen cars they jointly recovered, with a total value of £41.3 million – a 72% year-on-year increase and an all-time record.
2025 saw a shift in the risk transfer market towards smaller pension schemes, says Hymans Robertson, as it releases its latest report today. Buy-in deal volumes in 2025 of £38.2bn represented a fall of more than 20% compared with the prior year (£47.8bn), while the volume of deals less than £100m in value increased by over 30%.
WTW’s perspective on EIOPA’s 2025 Market-Wide Generative AI Study shows how AI—backed by real insurer use cases—is poised to rewrite the rules of insurance analytics. Key findings from the EIOPA survey include: Generative AI adoption is widespread. Efficiency is the primary goal. Key hurdles remain. Most common AI applications. Human oversight remains essential. AI hallucinations and risk concerns. Governance is catching up. Reliance on third-party providers is increasing
Over a third of Millennials (35%) and Gen Z (39%) see both pensions and property as their main retirement asset. Gen X (52%) are most likely to rely on pensions alone. Regional differences: 56% in the Northeast expect to rely mainly on pensions vs just 32% in Greater London.