The benefits that working digitally has brought to the pensions industry are vital for its continued progression, says Pensions and Lifetime Savings Association (PLSA) chief executive Julian Mund.

Professional Pensions rounds up some of the latest research from across the industry for International Women’s Day 2021.

Almost half of trustees and pension scheme administrators surveyed by PP say they would not join a collective defined contribution (CDC) pension scheme.

Life and pensions new business sales at Royal London were 20% lower in 2020 due to the impact of national lockdowns on the UK economy.

This week’s top stories included the chancellor’s freezing of the lifetime allowance in the Spring Budget, along with the industry’s unfavourable response to the move.

The restructuring division of KPMG, including its employer covenant team, will be acquired by H.I.G Europe.

Changes to corporation tax announced in the Spring Budget could see defined benefit (DB) scheme sponsors defer contributions in favour of tax relief, according to Barnett Waddingham.

The industry has provided a predominantly negative response to the confirmation today that the lifetime allowance will be frozen at £1,073,100 until April 2026.

Chancellor Rishi Sunak has confirmed that the pensions lifetime allowance will be frozen at its current rate until 2026.

The latest mortality monitor update from the Continuous Mortality Investigation (CMI) shows excess death rates are continuing to fall as the UK passes through the second wave of the Covid-19 pandemic.