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UK DB pension schemes' deficit rises to £143bnThe combined deficit of the UK's private sector defined benefit pension schemes increased to £143bn last month, according to figures published by JLT Pension Capital Strategies today. 02 April 2013
Pension buy-in and buy-out deals hit £4.5bn in 2012Pension schemes shifted almost £4.5bn of their liability risk onto insurers last year using buy-in and buy-out deals, according to new figures published by Hymans Robertson. 02 April 2013
Pensions gender gap has increased by 13%, says PrudentialWomen retiring this year expect their annual retirement income to be more than a third lower than male retirees, according to research published by Prudential today. 27 March 2013
DC pension plans 'badly designed and poorly modelled'Most defined contribution pension schemes are currently 'very badly designed' and are not modelled properly, according to a leading academic 26 March 2013
Pension pots to remain 'largely inadequate' post auto-enrolmentPension contributions after auto-enrolment are predicted to fall by almost half, according to a survey published today by Buck Consultants. 25 March 2013
MEPs warn IORP overhaul could 'jeopardise' pension investmentThe European Commission has been urged not to introduce new capital requirements for pension schemes which could limit the investment potential of funds. 25 March 2013
Employer contributions to DB pension schemes hit record levelEmployers paid a record amount into the defined benefit pension schemes they run last year, according to Towers Watson's analysis of official figures published today. 22 March 2013
Number of 'very old' people in England and Wales up 26%The number of people aged 90 and over increased by 26% between 2002 and 2011, according to figures published yesterday by the Office for National Statistics. 22 March 2013
Osborne rules out smoothing for pension scheme valuationsChancellor George Osborne has used his Budget to rule out plans to allow pension schemes to smooth the value of their assets and liabilities over a number of years in funding valuations. 20 March 2013
Webb confirms single state pension will be introduced in 2016Introducing the single state pension a year earlier than planned will net the government an extra £5.5bn in National Insurance revenue and benefit 400,000 women who were hit by an increase in the pension age last year, pensions minister Steve Webb said today. 19 March 2013

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FEATURE

Steve Webb: the pensions revolutionaryNick Mann meets Steve Webb, the government minister charged with managing massive changes in workplace and state pension provision