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Exclusive: Govt told to 'urgently reaffirm' commitment to private sector dashboards


By Sophie Smith

The government should "urgently reaffirm" its commitment to enabling a thriving market of private sector pensions dashboards, the Association of British Insurers has said, warning that relying on a single, state-owned dashboard could fall short of industry expectations.

The ABI argued that establishing timelines is "critical" to allow confidence to build these platforms, warning that without this, firms are unlikely to be able to launch their own dashboards within this parliament


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TPR publishes final response to Statement of Strategy consultation

The Pensions Regulator (TPR) has published its final response to its Statement of Strategy consultation, confirming its plans to launch a 'submit a scheme valuation' digital service, which trustees will use to complete and submit their Statement of Strategy

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Govt cautioned against salary sacrifice changes

The government has been warned against any changes to salary sacrifice arrangements, with the Society of Pension Professionals (SPP) arguing that any changes to the current set up could see the extra tax burden hit members and their savings "very selectively"

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Actuaries not adequately explaining benefit changes to members, IFoA warns

Actuaries do not always adequately explain benefit changes to members, research from the Institute and Faculty of Actuaries (IFoA) has suggested, prompting calls for an increased focus on ‘clear communication'

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Vast majority of UK savers have ‘no idea’ what they’re paying in pension fees

The vast majority of UK pension savers (83 per cent) have “no idea” what they’re paying in pension fees in either pound or percentage terms, according to research from Interactive Investor, which has prompted calls for providers to be more transparent

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Railpen advocates for system-wide stewardship amid rising market and policy risks

Railpen has increased its stewardship efforts in response to what it views as a growing “race to the bottom” among companies and policymakers on financially material issues, including climate change, workforce practices, and shareholder rights

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Industry supportive of LGPS reforms; timing and implementation concerns persist

Industry experts are generally supportive of the government's policy direction and desired outcomes for the Local Government Pension Scheme (LGPS), but concerns remain over the “overly ambitious” timing of delivering and implementing the changes

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London Waste Limited Pension Scheme completes £22m buy-in with Royal London

The London Waste Limited Pension Scheme has completed a £22m buy-in with Royal London, securing the retirement benefits for around 200 members
Campaign group warns DB reforms put 'millions of people’s pension incomes at risk'

Government plans to allow employers to extract cash from defined benefit (DB) pension schemes could put millions of people's pensions at risk and should be reconsidered, a new campaign group has warned
Keeping track of the latest pensions dashboards connections

The number of pension providers and schemes that have completed their connection to the pensions dashboards ecosystem has continued to grow. Pensions Age brings you the latest updates...
News in brief - 30 May 2025

The latest news in brief and mandates from the past seven days

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This week in pensions: 27 – 30 May 2025

Pensions Age looks back on the key developments in the industry this week, including the much-anticipated final Pension Investment Review report and the government’s response to the consultation on options for defined benefit (DB) schemes
Bell 'doesn't anticipate' mandating pension fund investment in UK private markets

Pensions Minister, Torsten Bell, has said he is “not anticipating using” the backstop set to be introduced in the Pension Schemes Bill that would allow the government to set binding asset allocation targets for pension schemes.

Speaking to Pensions Age about the final Pension Investment Review report, Bell stated that he was “confident” the government would not need to mandate


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A changing DC market

Aon DC senior partner and head of DC consulting, Ben Roe, speaks to Laura Blows about the latest changes and challenges within the DC sector

Market upheaval: time to consider short-dated bonds?

As market volatility persists, short-dated credit offers a compelling investment opportunity. Here’s why it might be worth considering.

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Shifting gears

As the pensions landscape consolidates and evolves, Paige Perrin examines how The Pensions Regulator is adapting its role by shifting toward a more ‘prudential’ style of regulation. But what does this mean for the industry, and how is it reshaping relationships between the regulators, pension schemes, and trustees?

Finally on target?

Callum Conway looks at why the freedom and choice reforms failed to close the pensions advice gap, and how targeted support might offer the solution

Getting to grips with the pension ethnicity gap

Pension engagement among non-white savers is still lagging, posing challenging questions for the industry to answer. As part of Pensions Age’s year-long focus on diversity, equity and inclusion (DEI), Jon Yarker finds out more

Getting entangled in sustainable investing red tape

UK pension schemes have a unique role to play in driving sustainable impact, but complex rules are slowing momentum

Eyes on the prize

Regulators and policymakers continue to consult on whether DC schemes provide value

for money to members. But is there a risk their good intentions will be overwhelmed by other

political priorities? David Adams reports

Thinking differently

As part of Pensions Age’s year-long special focus on diversity, equity and inclusion (DEI),

Laura Blows explores neurodiversity and the pensions workplace

The best laid plans?

The government has confirmed that it will share a pension reform roadmap, but exactly what should be at the top of this list? Sophie Smith reports

Building a buy-in

Skipton group pensions manager, Andy Cheetham, pulls back the curtain on the pension scheme’s recent journey to a full buy-in

From data to delivery

Pensions Age sits down with Pension Administration Standards Association (PASA) chair, David Fairs, to discuss his newly appointed role and to find out how the association is raising administration standards and tackling data and dashboards challenges head-on

Trump’s tariffs spark a closer look at Europe

Sandra Haurant considers how Trump’s tariffs may have shifted investor attitudes towards the

European equities market

Inherited problems

The government’s plans to include pensions in the scope of inheritance tax has generated concern about how its rules can be feasibly implemented within the pensions industry. Laura Blows finds out more

Turning back time

DB schemes are currently enjoying funding surpluses, but haven’t we been here before? Laura Blows considers the changes and challenges that have occurred since the previous era of DB surplus in the 1980s/1990s, and the lessons to be learnt from that time

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A changing DC market
In our latest Pensions Age video interview, Aon DC senior partner and head of DC consulting, Ben Roe, speaks to Laura Blows about the latest changes and challenges within the DC sector

Being retirement ready
Gavin Lewis, Head of UK and Ireland Institutional at BlackRock, talks to Francesca Fabrizi about the BlackRock 2024 UK Read on Retirement report, 'Ready or not. How are we feeling about retirement?’

The role of CDC
In the latest Pensions Age podcast, Laura Blows speaks to TPT Retirement Solutions Chief Client Strategy Officer, Andy O’Regan, about the role of collective DC (CDC) within the UK pensions space
Keeping on track
In the latest Pensions Age podcast, Sophie Smith talks to Pensions Dashboards Programme (PDP) principal, Chris Curry, about the latest pensions dashboards developments, and the work still needed to stay on track

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