MetLife has completed its first UK longevity reinsurance transaction, covering the risk of £280m of Pension Insurance Corporation (PIC) liabilities.

The number of eligible employees saving into a workplace pension rose by one percentage point to 88% between 2018 and 2019, Department for Work and Pensions (DWP) statistics show.

James Phillips looks at JP Morgan Asset Management analysis on how LGPS funds have fared over the period to the 2019 valuation, and how they can respond to recent market falls.

The Pensions Regulator (TPR) has updated its guidance for schemes navigating funding or governance difficulties during the Covid-19 pandemic.

IC Select has launched a three-tiered solution to help trustees required to retender for their fiduciary management provider by 10 June next year.

A scheme vulnerability analysis tool aiming to allow pension schemes to understand the likely impact of Covid-19 on their members’ life expectancy has been launched by XPS Pensions Group.

More pension schemes and their members are becoming interested in using bridging pensions as a result of Covid-19, according to Aon.

Provisional accreditation of professional trustees is necessary to ensure the speedy removal of “unscrupulous individuals”, Dalriada Trustees has said in defence of the process.

The Pensions Regulator (TPR) used its auto-enrolment (AE) enforcement powers more than 35,000 times in the first quarter of this year, with over 11,000 compliance notices dished out.

The £8bn Lothian Pension Fund (LPF) has appointed custodian Northern Trust as the provider of an automated proxy support service.