Risk transfer market set for record-breaking growth in 2025 – Hymans Robertson
The market saw significant growth from both small and large schemes, with 10 transactions over £1bn.
Millennials and Gen Z face increased pension demands due to rising costs – Moneyfarm
With increasing life expectancy and rising costs, young people face the challenge of ensuring their pension pots last.
Public sector employer pension contributions far exceed private, data reveals
Six in 10 public sector households are on track for a moderate retirement, while three in 10 are likely to achieve a comfortable retirement.
Self-employed individuals face barriers to mortgages and pensions – FSB
The research found 37% of entrepreneurs are not saving for a pension, primarily due to cashflow problems.
Employers urged to raise awareness of state pension deadline – Hymans Robertson
Filling gaps in National Insurance Contributions (NIC) records dating back to 2006 could significantly boost state pension incomes.
BAE Systems reports £0.8bn pension surplus with contributions set to fall in 2025
The company contributed £407m to its pension schemes in 2024, including £156m in US schemes.
Scottish Widows grows workplace pension assets to £108bn, boosts digital engagement
Scottish Widows is now the UK’s second biggest defined contribution workplace provider, and a top three individual annuities provider.
Three-quarters of pensioners report cold homes amid rising energy costs – Age UK
For those with household incomes of £20,000 or less, 35% said their home was too cold most or all of the time.
Millennials most anxious about retirement savings, despite having most time – Standard Life
Around 66% Millennials are concerned they are not saving enough.
Broadstone advises Geoghegan & Company in £1.5m Just Group pensionbuy-In
The scheme secured benefits for its eight deferred and eight pensioner members with a £1.5m deal, completing the buy-in of its liabilities.
Majority of UK adults rethink retirement due to IHT changes on pensions, survey finds
The survey revealed that 21% intended to withdraw more money from their pensions to spend it, and 19% aimed to gift it.
Just Group secures £16m buy-in for Deutz scheme
The buy-in insures the benefits of 181 Scheme members, comprising 70 deferred members and 111 pensioners.
