News in brief - 9 January 2026

PensionBee has urged savers to act as its pension transfer petition nears the deadline.

The deadline for the petition is 24 January, and PensionBee has warned that this is the “final opportunity for savers to … ensure policymakers hear first-hand how slow pension transfers are holding people back from taking control of their retirement savings”. The petition has received support from 9,000 signatories, with the government required to respond at 10,000 signatures. PensionBee, in particular, is calling for a 10-day pension switch guarantee, which it believes would introduce a “clear, time-bound standard” for “straight-forward” pension transfers.

Trafalgar House has achieved its third consecutive exception-free Audit and Assurance Faculty 01/20 audit.

The audit, which is independently conducted by RSM UK in accordance with the Institute of Chartered Accountants in England and Wales (ICAEW) Audit and Assurance Faculty 01/20 framework, provides assurance over a service organisation’s internal controls, data security and operational processes. The report covered a full 12-month reporting period and confirmed the effective operation of the administrator’s internal controls, data protection measures and administration procedures, with no exceptions identified.

Royal London Asset Management has launched a global equity tilt fund as part of its wider equity tilt fund range.

The fund is structured to provide clients with access to global equity markets at a lower cost, while also managing the portfolio’s carbon footprint. It applies a series of small, diversified ‘tilts’ that favour companies which show stronger environmental, social, and governance (ESG) characteristics using the MSCI World Index as the benchmark. This strategy blends aspects of passive and active management and allows the fund to improve ESG outcomes while keeping the expected tracking error low. The fund was developed in response to increased client demand in integrating climate and ESG considerations into core equity investments, without high costs, high tracking error risk and liquidity issues found in traditional ESG strategies. Additionally, the fund seeks to achieve a carbon footprint at least 10 per cent below the benchmark, alongside long-term goals of achieving a 50 per cent reduction in emissions by 2030 and net zero by 2050. Royal London Asset Management plans to offer equity tilt strategies as exchange-traded funds to investors later in 2026.

Several industry experts were recognised in the 2026 New Year Honours List.

Ten individuals from the Department for Work and Pensions were recognised in the King’s New Year Honours List 2026 list, including Sophie Dean, Katherine Green, Olukemi Helen Ademola, Nadine Jane Davies, Gavin Thomas Mann, Beverley Gail Morris, and Martin Francis Harvey for services to public service, Kenneth Hamilton Lawton for services to vulnerable families and to the veteran community, Julie Fitzpatrick for services to local and national cancer care and David Jeremy Higlett for services to welfare reform. Additionally, British Business Bank lately senior independent director to the board, Neeta Avnash Kaur Atkar MBE JP, was awarded an Officer of the Order of the British Empire (OBE) for services to small business finance and the British Business Bank. Meanwhile, the head of Local Government and Fire Pensions, Ministry of Housing, Communities and Local Government, Teresa Clay, was also awarded an OBE, but for services to public service.



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