Centrica, an energy and services company, reduced the technical provisions deficit of its UK defined benefit (DB) pension scheme by 47 per cent, from £994m in March 2021 to £504m in March 2024, its triennial review has revealed

Pension disengagement could cost workers over £500,000 in retirement, according to a report from PensionBee

Mercer has reached an agreement to acquire Secor Asset Management for an undisclosed amount

Retirees could be at risk of emptying their pension nearly a decade early by taking cash lump sums, research from Legal & General (L&G) has found, with 46 per cent suggesting that they would take a lump sum out of their pension "simply because they could"

Nearly a third (31 per cent) of pension professionals are unclear about the government's defined contribution (DC) priorities, with particular confusion surrounding plans to bring pensions into the scope of inheritance tax (IHT), research from Sackers has found.

The research showed that there were mixed views about the government's 2025 pension priorities, with 62 per cent of respondents stating that while the government's defined contribution (DC) priorities are "clear", there is a lot happening all at once

The rise in inflation to 3 per cent in January 2025, up from 2.5 per cent in December 2024, could have significant implications for pensions, particularly state pension increases under the triple lock