Latest News

Top Story

iPipeline completes acquisition of Origo


By Jack Gray

Financial services technology firm iPipeline has completed the acquisition of Origo for an undisclosed amount.

The transaction expands iPipeline’s presence in the UK wealth and retirement markets, with the Origo and Unipass brands to continue as an iPipeline company


Story 2

DB scheme agrees £40m 'Small Schemes Offering' superfund transfer to Clara Pensions

An unnamed defined benefit (DB) pension scheme has agreed to join Clara Pensions through its 'Small Schemes Offering', which will transfer more than 400 members and approximately £40m of assets into the Clara Pension Trust

Story 3

DB scheme running costs rise by an average of 34%

Trustees of defined benefit (DB) pension schemes reported an average 34 per cent increase in running costs over the past 12 months, according to a report from TPT Retirement Solutions

Story 4

Samworth Brothers scheme secures £400m buy-in with Canada Life

The Samworth Brothers Limited Superannuation Scheme has completed a £400m buy-in with Canada Life, securing the benefits of more than 3,000 pensioners and 4,000 deferred members

Story 5

Only half of large DC master trusts have clear transition focus despite net-zero targets

Only half of the UK’s largest defined contribution (DC) master trusts demonstrate a clear focus on climate transition alignment, despite almost all having a net-zero or Paris-aligned objective, analysis from XPS Group has revealed

Story 6

Greater pension risk pooling could boost productive investment and saver return

The greater use of collective pension vehicles, including collective defined contribution (CDC) schemes and pension superfunds, could improve saver outcomes and unlock more long-term productive investment in the UK, New Capital Consensus (NCC) has argued

Story 7

Gender pensions gap leaves retired women ‘without pension’ for four months a year

The gender pensions gap is equivalent to the average retired woman receiving no pension for the final four months of the year compared with men, the Trades Union Congress (TUC) has warned, as it called on the Pensions Commission to deliver a 'bold plan' to close the divide

Check out our latest news

Pensions UK urges policymakers to avoid ‘structural upheaval’ of LGPS

Policymakers should build on the existing strengths of the Local Government Pension Scheme (LGPS) rather than pursue a fundamental redesign of the scheme, Pensions UK has argued, amid ongoing debate over the future role of its assets
Wood Pension Plan completes £1.65bn buy-in with L&G

Wood Pension Plan has completed a £1.65bn buy-in with Legal and General Assurance Society (L&G), securing the benefits of all 16,400 members
Record 74% of DB schemes fully funded as majority target run-on

The proportion of defined benefit (DB) schemes that are fully funded has reached its highest level since the funding regime began in 2005, with the majority having set a long-term objective to run on, according to Aon
Schemes urged to monitor dashboards' impact on transfers, scams and member behaviour

The Pensions Administration Standards Association (PASA) has published new guidance to help schemes and administrators track how member behaviour changes following the introduction of pensions dashboards, including their impact on transfers, retirement activity, enquiries and potential scams

BANNER

CDC could 'change the nature' of trustee decision-making

Collective defined contribution (CDC) arrangements could change the nature of trustee decision-making, and trustees should give as much attention to governance as scheme design, Zedra has warned
Over a million pensioners paying higher rates of income tax

The number of pensioners paying income tax at 40 per cent or above has doubled over the past five years to more than one million, a freedom of information (FOI) request from LCP has revealed


View More News

Highlighted Content

A clearer path to private markets

Attendees explored how private markets would be a key evolution in the coming years and the important factors to consider when building an allocation.

Reforms focus: A changing landscape

Smart UK chief executive, Jamie Fiveash, shares more about Smart Pension surpassing £10 billion in assets under management (AUM) and how this is much more than just a number

Investment governance: Striving for excellence

What are the investment governance challenges for small schemes? Are today’s operating models fit-for-purpose? Where does AI fit into the governance framework? These are just some of the questions our governance panel addresses this month

Rothesay publishes its latest edition of "The journey to buy-out: The evolving endgame"

This year’s edition covers current topics exploring how the BPA market is evolving and driving innovation, as well as how the market is adapting to the needs of schemes of all sizes.

Tech for a new world

From dashboards and targeted support, to transfers and tracing, our panel considers the technological challenges and opportunities that will define the future of pensions

Pensions Age Northern Conference: Meeting the challenges of a new pensions world

The new Pension Schemes Act, the push towards megafunds, the role of private markets,

View More Highlighted Content

Latest Podcasts

View More Podcasts

View Videos

Check out our latest appointments

Check out our latest features

Fewer hands, greater power

Consolidation is reshaping UK pensions, concentrating power among fewer trustees and driving a shift towards a more professional, large-scale governance culture. But alongside the benefits, it also raises important questions around accountability, diversity, and whether member voices risk getting lost

Economic abuse: Targeting pension savings

Laura Blows explores how pensions can be weaponised in economic abuse, along with the industry’s duties when such abuse is suspected

International Influence

Paige Perrin explores which countries influence the UK pensions system, what lessons can be adopted, and where regulatory and cultural differences limit direct comparison

Clearing a path

Attempts by legislators and regulators to improve the UK’s pensions system add to its complexity and may also create new problems. David Adams reports on some of the most significant gaps and contradictions in an ever-more complex system

Reforms focus: A changing landscape

Smart UK chief executive, Jamie Fiveash, shares more about Smart Pension surpassing £10 billion in assets under management (AUM) and how this is much more than just a number. Fiveash also discusses the changes occurring in the DC industry, including reforming the DC transfer framework, delivering true value for money, and resolving the small pots problem

Focused on the future

Paige Perrin sits down with Avon Pension Fund head of fund, Nick Dixon, to discuss the fund’s priorities, how it is using its surplus, and progress towards its climate targets

A new chapter

Society of Pension Professionals (SPP) president, Calum Cooper, sits down with Paige Perrin to discuss his recent appointment as SPP president, priorities for his tenure and the challenges facing the pensions system

A mid-life (pensions) crisis

Callum Conway explores why Gen X has become a key focus for the Pensions Commission, as the cohort approaches retirement caught between the decline of DB provision and the late arrival of auto-enrolment

IPOs blasting off

Sandra Haurant considers how the SpaceX record-breaking IPO will impact indices, and in turn, pension funds’ passive investments

Beyond the back office

Pensions administration has typically been seen as a back-office function. However, Paige Perrin investigates how this perception is changing as administration plays a increasingly crucial role in major strategic initiatives

The right balance

With systematic challenges ahead for the state pension, how do policymakers improve fiscal sustainability without sacrificing simplicity and retirement security?

The right connection

Targeted support currently only falls under the Financial Conduct Authority’s remit with DC schemes. Paige Perrin investigates if there could be space to explore expanding the regime to The Pensions Regulator’s jurisdiction of DB schemes and beyond

View More Features

Check out our latest jobs


View More Jobs

BANNER

CDC in the UK pensions market
Pensions Age editor, Laura Blows, talks to Sophie Dapin, Director, Institutional Solutions EMEA at BlackRock, and host of BlackRock’s Rewiring Retirement podcast, about the growing interest in collective DC in the UK pensions market

Podcast: From pension pot to flexible income for life
Podcast: Who matters most in pensions?
In the latest Pensions Age podcast, Francesca Fabrizi speaks to Capita Pension Solutions global practice leader & chief revenue officer, Stuart Heatley, about who matters most in pensions and how to best meet their needs

Advertisement Advertisement
© 2019 Perspective Publishing     Privacy & Cookies