News

J.P. Morgan has made a strategic investment in Smart Pension for an undisclosed amount, bringing the master trust's total funds raised to around £50m.

Defined benefit (DB) funding levels improved by just 40 basis points during January, according to JLT Employee Benefits.

Now Pensions has overhauled its administration system after historic issues caused a failure in collecting and investing around 265,000 members' contributions.

This week's top stories include The Pensions Regulator being warned it will be afflicted with an exodus of staff, and Mercer announcing a series of leadership appointments.

Jonathan Stapleton looks at the lessons that schemes can learn from the review of the British Steel Pension Scheme consultation experience.

The Pensions Regulator (TPR) has published its annual defined contribution (DC) trust report - revealing a 7.8% drop in the number of occupational schemes with 12 or more DC members but a 32% rise in the membership of the very biggest plans.

The government will pause planned changes to public sector pensions as it faces an estimated £4bn annual bill after losing a legal battle last year.

The Northern local government pension scheme (LGPS) pool has pledged to completely decarbonise its investments by 2050 in line with the 2015 Paris agreement.

Lemonade has launched a retirement service in a bid to help trustees and employers guide defined benefit (DB) members through their options.

HM Revenue and Customs (HMRC) has taken over £400m too much in tax from savers accessing their pensions since the introduction of Freedom and Choice in 2015.