Three in four defined benefit (DB) pension schemes in the UK are set to use contingency funding to manage their risks amid significant changes to the economic and regulatory environment.
UK pension schemes could be overestimating their liabilities by up to 3.5% as a result of their failure to consider the long-term impacts of COVID-19, research by the XPS Pensions Group suggests.
The Pensions Regulator (TPR) has today opened a consultation on plans to create a single code of practice that is clearer and more accessible than existing guidelines.
Asset managers are keeping UK pension funds in the dark on how they exercise their voting rights and engage with the companies they invest in, a study by Dalriada Trustees has found.
he Continuous Mortality Investigation's (CMI) latest model shows that the UK's 65-year-olds have experienced a modest fall in life expectancy following the outbreak of COVID-19.
The UK's insurance and long-term savings industry has made progress boosting female representation at senior levels over the last two years, figures from the Association of British Insurers (ABI) reveal.
One-quarter of UK pension schemes do not have an adequate cybercrime breach plan, despite the threat being recognised as one the top risks they face, a new survey has uncovered.