Defined benefit (DB) pension schemes managed to shrug off the summer market volatility – particularly a sharp equity market fall in the first few days of August – and maintained ‘extremely positive’ funding levels, according to recent data.
Read MorePension 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.
Read MoreA recent poll conducted by XPS Group found that more than half (56%) of pension scheme representatives think the new Labour Government should consider introducing tax incentives to boost investment into the UK.
Read MoreOn 30 April 2024, the Pensions Dashboards Programme (PDP) published an updated version of data standards, as the pensions industry prepares itself for connection to the dashboards ecosystem in 2025.
Read MoreThe General Election was less than a month ago, but already the new Government has announced two landmark pieces of pensions legislation.
Read MoreThe total value of buy-ins and buy-outs completed in the second half of 2023 rose to almost £28bn, according to a recent H2 2023 Half Year Risk Transfer Report. With transactions getting bigger, as well as more numerous, the market certainly looked buoyant as the year came to a close.
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