Workplace pension providers laid strong foundations in the first year of their commitment to invest more in UK assets, including infrastructure, property and private equity, under the Mansion House Accord. Joint tracking by the ABI and Pensions UK reveals Mansion House Accord signatories held £22.1 billion DC growth-phase assets in global private markets, with £11.1 billion in UK private markets, as of 31 December 2025. This equates to 6.6% of DC growth-phase assets invested in private markets, with 3.3% in the UK. Posted on Wednesday Oct 21
Aon has said that while the UK risk settlement market has maintained its level of activity in 2026, it is now set to increase significantly, with a number of factors driving the market’s expansion. Posted on Wednesday Oct 21
September inflation figure of 3.5% confirms average earnings growth of 3.9% will determine the April 2027 State Pension increase, taking the full new State Pension above £13,000 a year for the first time. Government proposals to change the triple lock from 2030 raise fresh questions about the long-term future of State Pension increases. Less than half (49%) of UK adults aged 18 to 65 believe the State Pension will be available to everyone when they retire, down from 51% in 2025. More than half (51%) expect to work beyond State Pension age, rising to 58% of Millennials. Almost half (48%) of those yet to retire feel their retirement finances are driven mainly by factors outside their control Posted on Wednesday Oct 21
The TPT Retirement Solutions Superfund has achieved a successful outcome following The Pensions Regulator’s (TPR) assessment process.TPT’s Superfund is designed to run on and uses a longer-term and diversified investment approach to create additional value over time, which is intended to be shared with members.TPT has secured capital to fund the first £1bn to £1.5bn of transactions and is in active discussions with prospective schemes. Posted on Wednesday Oct 21
34% of people who have worked for multiple employers know the full details of all their previous pension pots, while over a quarter (27%) don't know where some or all of them are. The potential value of forgotten savings is significant, with new Pensions Policy Institute (PPI) research estimating that more than three million pension pots are lost across the UK, worth an average of £6,000 each. Posted on Tuesday Oct 20
The Department for Work & Pensions has this morning announced a new call for evidence around State Pension deferral, as it looks to understand the reasons why people defer their State Pension, their awareness of their options and the outcomes from their decisions. State Pension deferral allows people to delay claiming their State Pension, providing flexibility over when people claim and may result in a higher weekly State Pension when they claim.
More than a quarter of consumers (29%) have increased the amount they contribute to their workplace pension in the last 12 months. Similarly, 24% have increased the amount they contribute to their personal pension over the last 12 months. 40% of respondents cite funding their dream retirement as the primary reason for higher contributions Posted on Tuesday Oct 20
New modelling indicates that workplace pension savers could retire with pension pots up to 20% larger under a more value-focused investment approach. Early-career savers could have up to £49,000 more at retirement, while an early-career saver taking a break could have up to £30,000 more and a mid-career saver up to £17,000 more, based on the modelling assumptions. The findings show why investment strategy should be considered alongside contribution levels when addressing the UK’s retirement adequacy challenge. Posted on Monday Oct 19
The Pension Protection Fund (PPF) has today published its Sustainability Report 2025/26. Five years after establishing its 2020 climate baseline, the PPF has increased the amount of its portfolio covered by climate analysis. Carbon footprint metrics now cover 82 per cent of Fund net asset value, compared with around 30 per cent in 2020/21. Posted on Thursday Oct 15
Phased increases to auto-enrolment contributions, like those implemented in Australia, could leave a young worker with £85,000 more in pension savings and enough income to meet the Moderate Retirement Living Standard. Majority of adults say they are willing to pay slightly more into a pension alongside their employer to boost retirement prospects. Contribution reform alone will come too late to address the retirement challenge facing many Gen X workers Posted on Wednesday Oct 14
Savers warned not to make permanent pension decisions in response to speculation ahead of the Budget. Major confirmed changes to inheritance tax and the minimum pension age already warrant attention from savers. Most unused pension funds and death benefits will be brought into scope of inheritance tax from April 2027 Posted on Wednesday Oct 14
A new independent report commissioned on behalf of People’s Pension shows how the proposed reform of the triple lock changes the context for the forthcoming final report of the second Pensions Commission and strengthens the case for higher minimum pension contributions. Under the changes due to come into effect from 2030, the State Pension would broadly track average earnings over time. Posted on Tuesday Oct 13
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 Oct 13
91% employers are concerned about the growing retirement adequacy challenge. 9 in 10 employers believe that their pension provisions are equitable. Results reveal that career breaks can account for up to 20% reduction in pension pots Posted on Tuesday Oct 13
The ‘growth focused’ scheme funding level finished September slightly lower, reducing from 94.2% funded to 94.0% funded over the month, but experienced a volatile month with funding fluctuating by 1.2 percentage points. Similarly, the ‘matching focused’ scheme funding fell back slightly more, by 0.6 percentage points from 89.8% at the end of August to 89.2% at the end of September. Funding was less volatile with the fluctuation over the month being lower at 0.7 percentage points Posted on Tuesday Oct 13
Millions are not saving enough for retirement and are disengaged from their pension, particularly among midlifers; two in five people aged 40–54 have not interacted with their pension in a year. Employers could close the gap; only 16% of employers currently provide guidance on preparing for retirement but new L&G research suggests they can have a huge impact Posted on Monday Oct 12
The Pensions Policy Institute (PPI), the UK's leading independent authority on pensions and retirement policy, has today published its Lost Pensions: The scale of the challenge survey results revealing over 3 million UK pension pots remain lost. Posted on Monday Oct 12
The Footsie climbs in early trade as oil prices ease, offering some respite after a volatile week, although Brent still hovers around $103 a barrel. Fresh questions over OpenAI’s revenue outlook have unsettled AI investors, reigniting concerns about valuations and the vast spending needed to build the technology. Gold rises as the dollar weakens and oil prices ease, while resilient Chinese exports help give mining stocks a spring in their step. Airtel Money begins conditional dealings in London at 196p a share, valuing the business at £5.3 billion and offering a welcome boost to the UK’s IPO market. Posted on Friday Oct 9
Speaking at the Professional Pensions Trustee Senate earlier today, Nausicaa Delfas, Chief Executive of The Pensions Regulator, set out why, with a clear reform agenda ahead, now is the time for trustees to act and take the decisions that will deliver a sustainable income in retirement for millions. Posted on Thursday Oct 8
Superfunds have moved to the top of the endgame shortlist among DB trustees surveyed, with 57% currently considering consolidation into a superfund as an endgame option for their scheme. Superfunds were ranked as the most commonly considered endgame option in the survey, ahead of capital-backed journey plans, buyout, DB master trust consolidation and run-on. Trustees surveyed expect the superfund market to gather pace, with 95% believing transactions will become more common over the next two years Posted on Thursday Oct 8
Aon has announced findings from its 2026 Defined Contribution Pension and Financial Wellbeing Survey – ‘Balancing the Value Equation’ suggest that many UK employers and trustees are entering a new era of pension regulation without a clear understanding of the retirement outcomes their pension arrangements are expected to deliver. Posted on Thursday Oct 8
The Society of Pension Professionals (SPP) has backed the Government’s proposed 3.25% fixed rate for Guaranteed Minimum Pension (GMP) revaluation from April 2027, while calling for an end to repeated consultations on what it describes as a routine, formulaic exercise. Posted on Thursday Oct 8
The Pensions Policy Institute (PPI), the UK's leading independent authority on pensions and retirement policy, has published new research today projecting employees aged 45-54 could have smaller Defined Contribution (DC) pension pots than the generations surrounding them. Posted on Wednesday Oct 7
Neil Jones, tax and wealth planning specialist at Standard Life comments: "Six months out from the pensions IHT change, preparations for affected clients will be well underway, with the focus shifting to reviewing updated plans and making any final adjustments. Posted on Wednesday Oct 7
People still want to retire at 62, but now expect to work until almost 68, pushing the ‘Retirement Expectation Gap’ to a record 5.3 years. Renters face a retirement gap of 6.8 years, more than three times the 2.1 years faced by outright homeowners. Millennials and Gen Z want to retire earliest, at 61 and 60, but face the largest retirement gaps at 6.8 and 5.9 years respectively. 51% fear their retirement finances won’t last, while 48% feel their finances are mainly influenced by factors outside of their control. Those who have done a lot of financial planning have a Retirement Expectation Gap almost five years narrower than those who have done none Posted on Tuesday Oct 6
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