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Industry needs consensus on sustainable pension policies

PMI’s Response to the Pensions Commission Interim Report calls for simplicity, stability and saver-focused reform. A range of improvements could be progressed immediately to address adequacy challenges. PMI offers to convene pension experts to provide practical operational insight into how future reforms can be successfully delivered.
Posted on: Tuesday Jul 14

Industry comments on latest PPF7800 figures for June 2026

Broadstone and Gallagher comment as the aggregate surplus of the 4,838 schemes in the PPF 7800 Index improved slightly through June 2026, increasing by £0.2 billion to reach £264.0 billion in surplus with a small decrease to the funding ratio which dropped by 0.1 percentage points to 131.1%. The number of schemes in surplus also registered a slight downturn dropping by 6, from 3,826 to 3,820 representing nearly four in five (79.0%) of all schemes in the universe.
Posted on: Tuesday Jul 14

TPR publishes new five year Corporate Strategy

The Pensions Regulator (TPR) has set out a clear direction for the next five years with the publication of its new Corporate Strategy, its latest Corporate Plan and a Regulatory Roadmap supporting the implementation of the government’s pensions reform agenda. Automatic enrolment has transformed retirement saving in the UK, with 23 million people now saving into a workplace pension. But the pensions system is still unfinished business with 15 million working-age people under-saving for retirement.
Posted in: Articles
Posted on: Tuesday Jul 14

PPF publish latest PPF7800 Index figures for June 2026

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 Jul 14

Women and younger savers face ongoing barriers to pensions

Women and younger savers continue to face challenges when it comes to pensions, according to the third release from Trafalgar House’s 2026 Trust & Confidence Survey. Women remain significantly less confident in the pensions industry than men, while younger savers continue to be the least engaged with their retirement planning.
Posted on: Tuesday Jul 14

Government needs to go further to create a nation of savers

Scottish Friendly has urged the Government to go further in its bid to turn the UK into a nation of investors ahead of Chancellor Rachel Reeves' Mansion House speech this evening.
Posted on: Tuesday Jul 14

Oil surges, Trump's strategy backfires amid inflation fears

Markets are in a holding pattern as investors weigh the latest developments in the Iran conflict and brace for key US inflation data. Brent crude tops $84 a barrel as the Strait of Hormuz becomes an expensive geopolitical flashpoint. Trump's foreign policy is increasingly counterproductive as China posts one of its largest-ever trade surpluses despite efforts to curb its export strength. Andy Burnham tightens his grip on the Labour leadership but faces immediate pressure to boost UK growth while sticking to strict fiscal rules.
Posted on: Tuesday Jul 14

Comment on DWP pension decumulation report

Broadstone comment on The DWP report on findings from qualitative interviews with individuals aged 53 to 67 exploring how they understand, approach and make decisions about DC pension decumulation.
Posted on: Monday Jul 13

State Pension Triple Lock at a crossroads

As the UK prepares to welcome its second Prime Minister within a single Parliament, one commitment has survived the upheaval largely unchallenged: the state pension Triple Lock. Incoming leader Andy Burnham has already reaffirmed this saying “the commitment in the manifesto stands” bringing him into line with the outgoing Labour Prime Minister, the Conservatives and Reform UK, all of whom have pledged to preserve the mechanism that has driven the state pension up by more than 80% since 2011 until the end of the current Parliament.
Posted on: Monday Jul 13

Comments on updated DWP roadmap

Aegon and the ACA comments on the Department for Work and Pensions’ roadmap of reforms for DB and DC workplace pensions:
Posted on: Monday Jul 13

Investment trends across £200bn master trust market revealed

The Pensions Regulator (TPR) has today (Monday) published new data providing market-wide insight to trustees and industry as they seek to expand investment into broader asset classes.
Posted on: Monday Jul 13

You turn my VIX into dimes

What should investors do in periods of heightened volatility? To me, this comes down to whether heightened volatility predicts different returns. So can it? Does the VIX[1] contain information about future equity returns? At first glance, no it doesn’t. While moves in VIX are almost 70% negatively correlated with equity excess returns, these are simultaneous. The initial level of the VIX is only 4% correlated with subsequent excess returns. This doesn’t immediately tie up with other analysis showing that selling when the VIX peaks leads to missing out on the recovery.
Posted in: Articles
Posted on: Monday Jul 13

52% are unaware pension contributions reduce taxable income

More than half (52%) of people do not realise that paying into a pension can reduce their taxable income. Many parents will face an average £179 per week holiday childcare bill this summer, but parents earning over £100,000 per year can lose access to the Government’s free hours of childcare. Additional pension contributions may help some higher-earning parents manage key tax thresholds and retain their eligibility for childcare support, while continuing to build their retirement savings.
Posted on: Monday Jul 13

ABI sets out recommendations to improve retirement adequacy

The ABI has urged the Pensions Commission to set out a clear roadmap for gradually increasing automatic enrolment pension contributions from 8% to 12% by the end of the 2030s. Given the financial pressures facing households, workers and employers, the trade body says a carefully phased approach will be needed to build better retirement outcomes and give businesses and savers time to plan and adjust.
Posted on: Monday Jul 13

Middle East tensions fuel inflation concerns

Flat start for the FTSE 100 after a resumption of attacks in the Middle East and another turn on the AI rollercoaster. The flare-up between the US and Iran keeps inflation risks simmering, with Brent crude holding around $79 a barrel as uncertainty lingers following the ceasefire breakdown. Kevin Warsh faces his first appearance before Congress as Federal Reserve Chair, while US inflation data will help shape expectations for the path of interest rates. UK GDP figures and the Mansion House speeches are set to offer fresh clues about the outlook for the British economy and interest rates. England win over Norway could help consumer focused stocks as spending set to ramp up on celebrations this week.

Posted on: Monday Jul 13

Walking the tightrope: balancing risk in DC pensions

Fundamentally, all pension schemes aim to convert contributions into a pension income in the most efficient way. Within a DC pension is a joined-up scheme design that aims to deliver an adequate pension income, based on a contribution rate. An expected long term investment return is the ideal situation. The reality is however that contribution rates tend to be driven by a mixture of regulation and affordability, rather than any carefully constructed plan. A key driver of what someone receives as an income from the scheme is how the scheme manages and deploys risk.
Posted in: Articles
Posted on: Friday Jul 10

5 mistakes that could void homeowners cover this summer

Searches for 'unoccupied home insurance' up 261%, and experts warn most Brits are making five mistakes that could void their cover before they've even landed.Tamzin Metcalfe, home insurance expert at Go.Compare has identified five of the most common mistakes homeowners make before jetting off this summer, and why each one matters more than most people realise.
Posted on: Friday Jul 10

FCA cracks down on illegal promotions and market abuse

The FCA led an international crackdown on illegal finfluencer promotions – resulting in 3 arrests and 650 social media takedown requests. It also secured a combined 11 years in prison for 2 cases of insider dealing in the first year of its 5-year strategy, according to its Annual report and accounts published today.
Posted on: Friday Jul 10

1 in 4 young adults say finances impact their mental health

25 to 34-year-olds save over £2,500 more each year than those aged 45 and over. 27% of 25 to 34-year-olds have taken extended time off work due to mental health or illness in the past six months - the highest of any age group
Posted on: Friday Jul 10

FOMO effect helps markets despite Middle East uncertainty

FTSE 100 set for a firmer open as investors take fresh Middle East tensions in their stride. Wall Street resilience boosts global sentiment, with strong US earnings and AI investment continuing to underpin markets. Brent crude holds around $76 a barrel, well below this week's highs, as traders bet supply disruption will prove manageable. AI FOMO remains a powerful force, drawing retail investors into the sector's biggest winners despite lofty valuations. SK Hynix's Nasdaq debut attracts huge demand, with its American depositary receipts reportedly seven times oversubscribed. The AI rally is broadening beyond big tech, with industrials, banks and infrastructure firms emerging as key beneficiaries of the investment boom.
Posted on: Friday Jul 10

Aon appoint STG Head of Life Consulting for North America

Aon have announced the appointment of Nick Komissarov as head of Life Consulting for North America in its Strategy and Technology Group, effective immediately.
Posted on: Thursday Jul 9

PPF Annual Report 2025/26 shows delivery progress

Paid £1.2bn in PPF compensation; high member satisfaction levels (97.4%) maintained. Supporting victims of fraud by paying out over £100m to over 2,700 pension fraud victims. Financial resilience maintained; growth portfolio delivered 7.1 per cent investment return, outperforming target. Pension Schemes Act 2026 enables the PPF to increase payments to our members and reduces costs on industry. Progressed work to pay increases going forward to eligible members on service accrued before 1997, starting from January 2027Confirmed zero conventional PPF levy for 2025/26 and 2026/27
Posted on: Thursday Jul 9

Hurricane Sandy when flood risk was unmodelled and uninsured

On the evening of October 29, 2012, Hurricane Sandy made landfall near Brigantine, New Jersey. By the time it was over, the storm had killed 159 people across the United States, flooded the New York subway system, shut down Wall Street for two consecutive days for the first time since 1888, and caused an estimated $65 billion in damage (NHC, 2012). Sandy would become the costliest flood event in the history of the northeastern United States.
Posted in: Articles
Posted on: Thursday Jul 9

A pensions system built for a Britain that no longer exists

The UK’s pensions system was designed for a Britain that no longer exists, according to a major new report commissioned by the ABI and produced by the Pensions Policy Institute (PPI).
Posted on: Thursday Jul 9

One in three pensioners to be renting by 2044

One in three pensioner households could be renting by 2044 according to the ABI’s latest report, Pensions Adequacy: Housing, Households and Auto-Enrolment. The research finds that nearly two million more people are expected to retire without owning their home, marking a major shift in how future generations will experience retirement.
Posted on: Thursday Jul 9

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