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Record BPA Deal Volumes And Increased Competition Mark Standout Year For Pension Risk Transfer
article Retirement Solutions

Record BPA Deal Volumes And Increased Competition Mark Standout Year For Pension Risk Transfer

Tuesday, 20 May 2025

The UK bulk purchase annuity (BPA) market surged in 2024, driven by a record number of transactions and increasing competition among insurers. Analysis from Aon and LCP confirmed that activity reached new highs, with both large and small schemes benefiting from greater choice and streamlined processes.

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TPR Sets Out Strategy For Driving Growth And Reducing Burdens For The Pensions Industry
article Retirement Solutions

TPR Sets Out Strategy For Driving Growth And Reducing Burdens For The Pensions Industry

Tuesday, 13 May 2025

The Pensions Regulator (TPR) will take a more active role in supporting economic growth and improving outcomes for savers by reducing regulatory friction, encouraging innovation and promoting investment in productive assets, according to Chief Executive Nausicaa Delfas.

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DB Schemes Reconsider Endgame As Surplus Rules Face Potential Reform
article Retirement Solutions

DB Schemes Reconsider Endgame As Surplus Rules Face Potential Reform

Monday, 12 May 2025

Improved funding levels and possible changes to surplus rules are prompting many defined benefit (DB) pension schemes to reassess their long-term plans, according to new findings from the Pensions and Lifetime Savings Association (PLSA).

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The Pensions Regulator Takes Action To Strengthen Defences Against Pension Scams
article Retirement Solutions

The Pensions Regulator Takes Action To Strengthen Defences Against Pension Scams

Wednesday, 23 April 2025

The Pensions Regulator (TPR) is stepping up efforts to protect savers from pension scams by pushing for closer collaboration, forming strategic partnerships and improving intelligence-sharing across agencies.

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Matching Process Becomes Biggest Dashboard Concern For Pension Schemes
article Retirement Solutions

Matching Process Becomes Biggest Dashboard Concern For Pension Schemes

Monday, 21 April 2025

Pension schemes are growing more apprehensive about the pension dashboard rollout. Once introduced, dashboards will help users keep track of all their pension savings, including their State Pension.

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Surging Bulk Annuity Market Urged To Stay The Course In 2025
article Retirement Solutions

Surging Bulk Annuity Market Urged To Stay The Course In 2025

Tuesday, 15 April 2025

With the UK’s bulk purchase annuity (BPA) market set for another dynamic year in 2025, insurers are being encouraged to focus on key priorities to ensure they continue delivering attractive and robust solutions.

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