British businesses have ploughed £200bn into defined benefit (DB) pension contributions over 15 years to avoid a drop in pension funding levels, according to a report from Lane Clark & Peacock (LCP).

Schemes must understand how they shape up and develop a strategy for recovery as it becomes “apparent that 2021 will continue to be a challenge for pension schemes”, Aon says.

April’s activity in the defined benefit (DB) transfer market fell to the lowest level since September last year, dropping by almost a quarter, while the number of transfers showing ‘red flags’ for scams increased to a three-month high, according to XPS...

Legal & General (L&G) has completed a £55m full scheme buy-in with the Chartered Insurance Institute (CII) Pension Scheme.

The Pensions Regulator (TPR) has published its three-year corporate plan outlining how it will protect savers as the UK recovers from the pandemic.

The ViaNova Working Group has launched an initiative to automate pension transfers in partnership with TISA Exchange.

Professional Pensions rounds up some of the latest tender awards from across the industry.

The Pensions and Lifetime Savings Association (PLSA) has launched a Local Government Pension Scheme (LGPS) industry research project to identify scheme best practices and future challenges.

The Pensions Policy Institute (PPI) is developing a UK pensions framework as the work and retirement landscapes “undergo significant change around the world”.

XPS Pensions Group has promoted six new partners across its actuarial, pensions, investment, and administration businesses.