News

Pensions Age7h
LGPS pools awaiting further clarity from govt after receiving green light for future plans
Local Government Pension Scheme (LGPS) pools are awaiting further clarity on the future regulatory and operational requirements that will apply to them, after the majority of pools were given governme ...
Pensions Age7h
TPO upholds complaint against employer for failure to pay into worker's scheme
The Pensions Ombudsman (TPO) has upheld a complaint against Core TV Solutions Limited for failing to pay contributions into a worker's pension despite deducting contributions from her pay ...
Pensions Age7h
GP manager facing bankruptcy restrictions following pension failures
The Insolvency Service has given a GP practice manager, Sonia Simkins, a Bankruptcy Restrictions Undertaking (BRU) lasting seven years, until April 2032, due to her failure to pay contributions into N ...
Pensions Age7h
2025 'key year' for pension schemes considering their endgame strategy
Following recent regulatory and market developments, 2025 represents an important year for schemes reviewing their endgame strategy, Aon has suggested ...
Pensions Age9h
Westerby Group acquires pension provider Redswan
The Westerby Group has acquired specialist pension provider and independent financial adviser (IFA) firm Redswan for an undisclosed amount ...
Pensions Age9h
GP manager fails to pay £75,000 into NHS pension scheme despite deducting staff wages
The Official Receiver found that a GP practice manager failed to pay more than £75,000 in pension contributions into the NHS pension fund, despite deducting money from staff wages, and now faces seven ...
Pensions Age9h
Aon forms endgame strategy team amid ‘key year’ for pension schemes
Aon has formed a UK Endgame Strategy team to help schemes make decisions as they review their endgames during what it describes as a “key year” for pension schemes ...
Pensions Age1d
'Robust' processes and protocols needed to mitigate against AI risks, PLSA warns
Artificial intelligence (AI) is already reducing costs, improving efficiencies and revolutionising member communications, ...
Pensions Age1d
FCA concludes targeted support policy sprint
The Financial Conduct Authority (FCA) has concluded its six-week policy sprint, which aimed to support new ways to help ...
Pensions Age1d
South East Water Pension Scheme completes £120m buy-in with Just Group
The South East Water Pension Scheme has completed a £120m buy-in with Just Group, securing the benefits of around 700 pensioner and dependent members and almost 300 deferred members ...
Pensions Age1d
Savers increase contributions by 19% in 2024; gender gap widens
Savers contributed, on average, £285 (19 per cent) more to their pensions in 2024 compared to 2023, according to analysis by PensionBee ...
Pensions Age1d
PPF appoints firms to trustee services panel and RPIS framework
The Pension Protection Fund (PPF) has announced the appointment of several firms to its trustee services panel and restructuring and pre-insolvency services (RPIS) framework following the outcome of i ...