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TPR urges DB schemes to consider endgame strategies amid 'step change' in funding levels


By Callum Conway

The Pensions Regulator (TPR) has encouraged trustees and employers to actively consider their defined benefit (DB) scheme endgame strategies, as a “step change” in funding levels is transforming the DB landscape.

Publishing its first DB universe projection model report, TPR said improved funding positions, legislative developments and new consolidation options were reshaping the sector and forcing schemes to make strategic decisions about their long-term future


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Pensions UK calls on govt to withdraw mandation power from Pension Schemes Bill

Pensions UK has called on the government to remove the proposed reserve mandation power from the Pension Schemes Bill, warning that it could allow ministers to direct how pension schemes invest savers’ retirement funds

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Pensions Age Awards 2026 winners revealed

The winners of the 2026 Pensions Age Awards were announced last night at the much-anticipated annual gala dinner on London’s Park Lane

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Value leakage presenting ‘major challenge’ for DB pensions sector

Value leakage is presenting a major challenge for the UK defined benefit (DB) pensions sector, with fragmentation and duplicated costs risking resources being diverted away from members and sponsors, Brightwell has warned

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Trustees urged to avoid treating first ORA as ‘compliance exercise’

Pension trustees must not treat their first Own Risk Assessment (ORA) as a 'compliance exercise', Sackers has said, as schemes approach the earliest deadlines for completing the new requirement in March 2026

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Retirement advice approaches evolving amid regulatory and policy changes

Financial advisers in the UK are evolving their retirement advice approaches to better navigate client planning needs amid regulatory and policy changes, a report from BNY Investments and NextWealth has shown

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Blog: How real is Steal? What the new TV drama gets right - and wrong - about pensions

LawDebenture trustee director, Lok Ma, discusses the new pensions-focused TV show, Steal, and explores how accurately it represents the industry

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