House of Lords

Despite an anticipated delay in the Pension Schemes Bill being debated in the House of Commons, Guy Opperman has confirmed he fully expects it to be law by the end of 2020.

Amendments to the Pension Schemes Bill passed by peers in the House of Lords last night will see a wide-ranging suite of reforms for the pensions industry draw another step closer.

The House of Lords has called for pension schemes to align their portfolios with the objectives of the Paris Climate Agreement.

This week’s top stories included The Pensions Regulator’s announcement of new measures around the appointment of professional trustees, and the £3bn Merchant Navy Officers Pension Fund completing a £1.6bn buy-in with Pension Insurance Corporation.

This week’s top stories included Lloyds agreeing a £10bn longevity swap with Pacific Life Re for three of its pension schemes, and the Co-operative Pension Scheme completing a £1bn buy-in with Aviva.

The Pensions and Lifetime Savings Association (PLSA) has welcomed the reintroduction of the pension schemes bill, after the government reaffirmed the details in the reopening of parliament this week.

The Pensions Regulator (TPR) has welcomed the government’s latest update on the details of the pension schemes bill.

Mid-life support for employees can be a win-win scenario for both employees and employers, according to the Centre for Ageing Better.

Mid-life MOTs are in danger of "missing those most in need of support", the government has been warned following a review of intergenerational fairness.

The UK Statistics Authority's (UKSA) "refusal" to fix a long-standing error in the retail prices index (RPI) is "untenable" and demonstrates a need to commit to one measure of inflation.