Pensions

UK men typically save over £90,000 more into their pensions than women between the ages of 50 and 64, according to analysis by PensionBee.

The UK's pensions industry can expect to see “significant growth” in demand for professional corporate sole trustee (PCST) appointments this year, new research suggests.

This year is set to be the biggest on record for pension scheme de-risking in the UK, with £65bn of bulk annuity and longevity swap transactions forecast.

The Pensions Regulator (TPR) has today launched a consultation on a new code of practice for the authorisation and supervision of collective defined contribution (CDC) pension schemes in the UK.

The Institute and Faculty of Actuaries (IFoA) has given its support to a cross-party group of MPs calling on the UK government to do more to boost uptake of pensions guidance and advice.

Insurers may show a heightened appetite for entering the bulk annuities market next year after a slow start in 2021, according to the latest analysis.

More than three-quarters of UK employers expect pension trustees to consider retiring due to an onslaught of regulatory and legislative change, research by the Association of Consulting Actuaries (ACA) has uncovered.

A third of UK pension schemes have set, or are in the process of setting, targets to reduce their exposure to climate-related risks, but a similar proportion do not plan on doing so themselves.

There has been a 90% increase in the number of UK pension schemes with over £1bn in assets since 2013, research by Barnett Waddingham has uncovered.

Those running defined benefit schemes need to determine their end-goals – and how they will get there, says Costas Yiasoumi