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Spring statement: National Insurance thresholds to rise by £3,000
National Insurance thresholds will rise by £3,000 to £12,570 in the UK to align with the income tax personal allowance, chancellor Rishi Sunak has unveiled in his spring statement today.
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M&A deals result in £33bn of DB pension liabilities changing hands
Almost £33bn of defined benefit (DB) pension liabilities changed hands through major mergers and acquisitions (M&A) last year, which was nearly 24 times the volume recorded over the previous 12...
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Quarter of UK savers fear for retirement prospects
One-quarter of UK workplace pension savers do not believe that their current levels of saving will allow them to get by in retirement, the Pensions and Lifetime Savings Association (PLSA) has found.
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TPR urges schemes to prepare for volatile funding positions
The Pensions Regulator (TPR) has today urged schemes to be alert to volatile investments and funding positions during the current economic climate.
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Pension schemes remain uninsured for cyber risks
Nearly half of UK pension schemes still do not have insurance against cyber attacks, and a similar proportion are lacking the specialist skills needed to deal with the threat.
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Household comforts: managing assets for pension planning
In an increasingly complex pensions landscape, financial advice needs to place more emphasis on household assets and outcomes,says Mark Barge
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South-Eastern promises: post-retirement pension benefits
Nicholas Yeo and Lim Shu Yi discuss the challenges in valuing and managing post-retirement employee benefits in south-east Asia
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Pensions: proceeding with prudence
Phil Hardingham and Keith McInally discuss linking scheme funding valuations to the cost of CDI assets, and what prudence looks like in this context
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Finding a good fit: innovation in DC pensions
Esther Hawley and Clarence Er look at the progress being made on developing better post-retirement solutions
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Covid and cost-of-living crisis could slash pension liabilities by 2%
There will be a modest increase in mortality rates following the COVID-19 pandemic and cost-of-living crisis, potentially slashing UK pension scheme liabilities by up to 2%.
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Auto-enrolment credits proposed to reduce gender pension gap
The UK government should introduce auto-enrolment credits for career breaks and radically change the framework of occupational pensions to reduce the widening gender pension gap, MPs have been told.
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UK pension schemes unconvinced by TPR's new code of practice
Less than a quarter of UK pension schemes believe that the Pensions Regulator's (TPR) new code of practice will add value to their governance processes, a survey has uncovered.
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Three-quarters of pension schemes to devise net-zero plans
Three in four UK pension schemes have plans to align their investments with net-zero emissions, or will do within the next two years, a Pensions and Lifetime Savings Association (PLSA) survey has found.
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Pensions triple lock to end within five years, survey suggests
The vast majority of UK pension professionals doubt that the pensions triple lock will exist in its current form in five years, a new survey has found.
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TPR outlines priorities for next two years
Tackling pension scams, measuring value for money for savers, and helping schemes become 'dashboard ready' are the key priorities for the Pensions Regulator (TPR) over the next two years.
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ABI publishes auto-enrolment 'action plan' for next decade
The UK government should gradually increase minimum pension contribution rates from 8% to 12% over the next 10 years, the Association of British Insurers (ABI) has recommended.
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TPR launches pensions dashboard deadline campaign
The Pensions Regulator (TPR) has today launched a new campaign urging pension trustees to prepare for their dashboard deadlines, with many still not ready for next year's phase-in period.
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UK makes slow progress closing gender pension gap
UK women are still likely to retire with far smaller pension pots than their male counterparts, and this is set to continue for many decades unless urgent action is taken, new research suggests.
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Number of underpaid state pensions higher than previously thought
There has been a sharp rise in the number of people believed to have been underpaid state pensions in the UK, while many may also be missing care-giving credits from their national insurance (NI)...
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DB pension scheme deficits cut by almost 70%
Deficits of UK defined benefit (DB) pension schemes decreased by £56bn last month, signifying an almost 70% reduction, according to analysis by XPS Pension Group.
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