DWP runs trial to boost pension credit claims among eligible pensioners
DWP is running a trial with Age UK and Independent Age, sending letters to 2,000 pensioners in England who are likely to be eligible but not claiming.
DWP is running a trial with Age UK and Independent Age, sending letters to 2,000 pensioners in England who are likely to be eligible but not claiming.

DWP data for the financial year ending 2024 showed there were up to 910,000 families who were entitled but did not claim.
The group found pension inflows in the UK could drop by more than £50bn over five years if relief is cut from 40% to 25%.

The firm said trustees and sponsors should use the time before the next valuation to agree on the long-term direction, making sure all parties are involved in the discussion.
The board, chaired by Kim Nash with Venetia Trayhurn and Alison Hatcher, brings sector experience to oversee the scheme’s development and authorisation.

The average annuity rate in September 2025 reached 7.65%, up from 6.98% in September 2024.

The Elston smoothed ASF portfolios are aimed at advisers who usually mix multi-asset funds and smoothed funds for clients building up their savings.
The buy-in covers 181 members and is Royal London’s first deal with BESTrustees as chair of trustees and with WTW on a non-staff scheme.

The research showed this gap stayed even for married couples, with 72% of married men reporting satisfaction, compared to 63% of married women.

Clare McHenry, head of UK operations at Superchoice, discusses how tackling the UK’s small pot pension problem could be the key to resolving wider pension challenges.

Research from Charles Stanley found that over half (51%) said they had only heard about the changes but did not know what they meant.
The transaction covers the Ford Hourly Paid Contributory Pension Fund and the Ford Salaried Contributory Pension Fund, securing benefits for over 35,000 members.
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