The government’s small pots reforms will place significant demands on pension administrators, systems and data, the Pensions Management Institute (PMI) has warned, as the industry called for an operationally workable consolidation framework

The Department for Work and Pensions (DWP) has published a consultation on the automatic consolidation of deferred small pension pots through the introduction of consolidator schemes

The Association of Consulting Actuaries (ACA) has called for a wider review of section 179 valuation requirements, arguing that the current process is disproportionate while the conventional Pension Protection Fund (PPF) levy remains at zero

Pension bulk annuity insurers have accelerated their investment in services and support for members over the past 12 months, with all insurers surveyed by Aon now offering a self-service portal, up from 90 per cent in 2025

Nearly a third (30 per cent) of people who transferred a pension between 2022 and 2025 rated the process as average, poor or very poor, research from Huntswood has found

One in six (16 per cent) employers have likely never reviewed their workplace pension scheme to ensure it offers value for money, with 11 per cent stating this outright and 5 per cent admitting they did not know, according to research by Everywhen