Broadstone

Funding ratio rises to 127.7% on a section 179 basis after long-dated bond yields increased

Broadstone analysis finds workers got ‘all-time high’ of £10.8bn pension tax relief

Broadstone Sirius Index records fully hedged scheme position at 70.9%

Employee participation rose in 2024, but opt-outs are close to 10%

Transaction secures the benefits of 118 pensioners and their dependants and 85 deferred pensioners

Pensions Commission, Governance for Growth Investor Campaign, and BPA market research

Deal secures benefits of 15 deferred and 25 pensioner members

Broadstone review of BPA market found capacity is driving competitive pricing

Digital retirement platform to provide support and calculation tools for DC members

Experts urge commission to be ‘bold’ in its recommendations and focus on adequacy