News

The Pension Schemes Bill has been scheduled for ping-pong, its penultimate step before becoming law.

This week’s top stories included news that Pension Schemes Bill powers given to The Pensions Regulator to issue contribution notices will not be backdated, while the Department for Work and Pensions said it will ban flat-fee charging on auto-enrolment...

The Pensions Regulator’s (TPR) long-term funding approach will put extra financial pressure on UK pension scheme sponsors, according to Aon.

Local Government Pension Scheme (LGPS) funds are being urged to prioritise cashflow management as investors are challenged to find income in traditional fixed income and property markets.

Essex Pension Fund is looking to appoint an investment manager for a direct corporate lending mandate of approximately £200m to £250m.

The carbon emissions in Aegon UK’s default pension funds will be slashed in half by 2030 under a longer-term plan to reach a net-zero position by the middle of the century.

The Marie Curie defined benefit (DB) scheme has entered into a circa £30m full scheme buy-in agreement with Legal & General (L&G) Assurance Society.

The Pensions Management Institute (PMI) and NextGen have partnered to offer a series of initiatives to “give a voice to the next generation of pension professionals”.

The Pensions Regulator (TPR) has published the interim response to its first defined benefit (DB) funding code consultation – highlighting the depth of industry concern around its proposed twin-track regime.

The Department for Work and Pensions (DWP) will ban the charging of flat fees on AE auto-enrolment (AE) pots below £100 and launch work on how to standardise cost and charges reporting.