News

Schemes must understand how they shape up and develop a strategy for recovery as it becomes “apparent that 2021 will continue to be a challenge for pension schemes”, Aon says.

The Pensions Dashboards Programme (PDP)’s update outlining its breakdown of what will take place in the next six months of development is unlikely to be feasible, PP readers say.

The Co-op has launched a ten point plan to achieve net zero by 2040 and will partner with ethical pensions campaign Make My Money Matter (MMMM) on its commitment.

Many trustees are not fully aware of the new requirements of The Pension Regulator’s (TPR) combined code of practice, giving them little time to prepare for change, Barnett Waddingham says.

April’s activity in the defined benefit (DB) transfer market fell to the lowest level since September last year, dropping by almost a quarter, while the number of transfers showing ‘red flags’ for scams increased to a three-month high, according to XPS...

The deficit of Royal Mail’s defined benefit (DB) cash balance scheme increased over the year as the company awaits secondary legislation for collective defined contribution (CDC), according to its annual results.

Legal & General (L&G) has completed a £55m full scheme buy-in with the Chartered Insurance Institute (CII) Pension Scheme.

The surplus of Premier Foods’ combined defined benefit (DB) schemes has fallen a year after its landmark pensions merger, according to the retailer’s latest annual results.

The Pensions Regulator (TPR) has published its three-year corporate plan outlining how it will protect savers as the UK recovers from the pandemic.

More than three quarters of UK pension funds expect to go overweight in allocations to commodities such as precious and industrial metals in the next year, according to NTree.