Nearly half (45 per cent) of pension professionals have indicated that about half of the schemes they are advising on a potential transaction expect a material surplus of 5 per cent or more, research from the Society of Pension Professionals (SPP) has suggested

The Living Wage Foundation has announced that the Living Pension accreditation has been extended to include defined benefit (DB) pension schemes

Consolidating pension funds has the potential to reduce fees and expand access to diverse asset classes, the International Monetary Fund (IMF) has said, but warned it would be "important to guard against possible unintended side effects", including reduced competition.

In its 2025 Article IV Mission Concluding Statement for the UK, the IMF noted that its staff are supportive of the Bank of England’s Financial Policy Committee (FPC) recommendation that The Pensions Regulator (TPR) be given a formal remit to consider financial stability as part of its regulatory responsibilities

Phoenix Group has taken steps to make it easier to change its name, with reports indicating that it is planning to switch to the Standard Life brand, a company it acquired in 2018

The government has published research commissioned by HMRC, which asked questions about attitudes to salary sacrifice and tested employer reactions to three different ways in which the benefit could be 'hypothetically' cut back

The Public and Commercial Services Union (PCS) is preparing to ballot its members at the pensions administration firm MyCSP to decide whether they should take strike action