News
Master trusts expand retirement support as savers face "big decisions
1+ week, 5+ day ago (639+ words) Two master trusts have launched support services for their members in the run-up to retirement as the industry's attention is shifting to the at- and post-retirement stages of the pension journey. Regulatory changes such as "guided retirement' and the Advice-Guidance…...
UK consumers feel retirement prospects are driven more by outside. ..
2+ week, 3+ day ago (421+ words) Uncertainty is impacting how people approach retirement planning, with 29% admitting they have done little or no preparation for later life Almost half of UK consumers feel their retirement prospects are being shaped more by outside forces than their own decisions,…...
Nest granted drawdown capabilities ahead of guided retirement push
3+ week, 3+ day ago (524+ words) Nest, the UK's largest defined contribution (DC) master trust, has been granted the ability to offer flexible drawdown to its members as it continues to develop its post-retirement offering. The government has amended the order that oversees Nest's governance to allow…...
Pension scams: TPR warning raises the bar on fraud risk management
3+ week, 4+ day ago (485+ words) A new warning from the Pensions Regulator has highlghted the increasing sophistication of fraudsters targeting pensions. Arc Pensions Law's Ben Fairhead examines what this means for trustees. Ben Fairhead, Arc Pensions Law In March, the Pensions Regulator (TPR), in collaboration…...
Inequalities leaving workers facing inadequate retirement incomes
1+ mon, 1+ week ago (516+ words) Lifetime inequalities are leaving many workers facing inadequate retirement incomes due to disrupted work patterns, new research has revealed. Disrupted careers are a key cause of inadequate retirement incomes and need to be understood, new research shows. The research was…...
Lords push back on "poisonous" mandation in Pension Schemes Bill debate
1+ mon, 1+ week ago (753+ words) The House of Lords has again rejected the government's efforts to introduce mandatory asset allocation powers in the Pension Schemes Bill, and is continuing to push for amendments to the scale requirement for defined contribution (DC) master trusts. In a debate…...
PPI widens lost pensions survey to include DB schemes as demand for tracing grows
1+ mon, 1+ week ago (404+ words) The Pensions Policy Institute (PPI) has launched its Lost Pensions 2026 survey, with defined benefit (DB) schemes included for the first time. Supported by the Money and Pensions Service (Ma PS), the research builds on the PPI's 2024 findings that 3. 3 million pension…...
Appointments: Standard Life names new boss for pensions business
6+ mon, 3+ day ago (321+ words) The latest hires, promotions and appointments for the week ending 28 November 2025. Angela Byrne, Standard Life Angela Byrne has been appointed as chief executive officer of Standard Life's Pensions and Savings business. She will take up her new role'in January 2026 and…...
Pension Schemes Bill edges closer as MPs strike down Lords" amendments
1+ mon, 2+ week ago (638+ words) MPs have moved a step closer to finalising the Pension Schemes Bill after the government used its majority to sweep aside more than 80 amendments put forward by the House of Lords. It means the bill will retain a so-called "mandation…...
DB liabilities set to rise as life expectancy climbs
2+ mon, 3+ week ago (318+ words) Defined benefit (DB) pension schemes'could see their liabilities rise by around 0. 5% depending on demographics after new mortality data was released. The Continuous Mortality Investigation (CMI) this week published its latest projections model based on 2025 data. It reported that men aged 65 have…...