Pensions Minister, Torsten Bell, has written to departments responsible for the McCloud remedy, requesting details of their plans to issue remaining remediable service statements and remedial and reme ...

Over a quarter (27 per cent) of 45–54-year-olds say they have no understanding “at all” of pension terminology, research from Get Britain Pension Ready, a campaign by Annuity Ready, has revealed ...

The Pensions Ombudsman (TPO) has partly upheld a complaint against ReAssure due to the "significant" distress and inconvenience its maladministration caused the complainant. ReAssure was ordered to ...

Society of Pension Professionals (SPP) council member, Matt Masters, discusses the need for the government to act sooner rather than later to address pension adequacy concerns ...

European pension administration technology provider, Festina Finance, has announced its expansion into the UK market, confirming that the group is now fully operational in the UK ...

Less than two fifths (39 per cent) of people agree they have a clear understanding of their retirement options, according to research from Hargreaves Lansdown, which revealed ongoing confusion around ...

Two unnamed schemes have completed a multi-scheme buy-in worth £67m with Just Group, securing the benefits of all members of the scheme, including 675 pensioners and dependants, as well as 256 deferre ...

The Government Actuary's Department’s (GAD) triennial review of Local Government Pension Scheme (LGPS) funds will focus on funds that are releasing surplus quickly, and those implementing non-standard ...

The Bank of England’s (BoE) decision to maintain the base rate of 4.25 per cent is expected to bring “welcome stability” to those planning for retirement, supporting annuity rates and competitive savi ...

The Pensions Ombudsman (TPO) has confirmed that it is liaising with the Department for Work and Pensions (DWP) on the impact of a 2024 Court of Appeal decision, which could mean that some individuals ...

De-risking is a slogan applied to many of the actions being taken by trustees and sponsors running defined benefit (DB) pension schemes. But, like all slogans, it conceals a diverse and complex ...

James Staveley-Wadham explains how to approach the buyout process when dealing with a hybrid DB/DC scheme Historically, a number of defined contribution (DC) plans were established with defined ...