News
Nest granted drawdown capabilities ahead of guided retirement push
2+ day, 1+ hour 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+ day, 2+ hour 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
2+ week, 19+ hour 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
2+ week, 2+ day 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
2+ week, 3+ day 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
5+ mon, 1+ week 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
3+ week, 1+ day 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
1+ mon, 4+ 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…...
DB trustees eyeing surplus release as part of endgame plan, says L&G
1+ mon, 1+ week ago (386+ words) By Nick Reeve1 April 2026 Bulk annuities remain a key element of most defined benefit (DB) pension schemes" endgame planning, according to Legal & General (L&G) " but running on and accessing surplus is becoming a more popular option. The report " which includes a…...
How alts and active management aid Australian pension outperformance
1+ mon, 1+ week ago (369+ words) Australia's pension system is held up by many as a model for the UK DC market. A new academic study of Australia's largest superannuation funds has found that diversified default strategies outperformed public market benchmarks over the past two decades....