Pension providers send the guide to policyholders turning 50 as part of a ‘wake up’ pack

Consultancy says pension spending has ‘conclusively’ shifted away from DB

XPS Group appointed to provide full administration for three schemes

Sector welcomes the additional clarity but warns ‘the devil will be in the detail’

Draft regulations set out conditions that must be met to release surplus

Organisation now manages the pensions of two million savers and 100,000 employers

LCP says record insurer capacity has exceeded short-term demand

The body said regulations would apply from the 2027/28 tax year

Consultancy will continue to provide expertise and insight to PMI members

Industry welcomes strategy but says more is needed to ensure members remain priority