Barnett Waddingham appoints Andrew Simpson as actuarial consulting partner
Simpson joins from Mercer, where he led the Edinburgh office and focused on actuarial consulting, defined contribution, investment and strategy.
Aviva urges consumers to overcome bad financial habits affecting everyday spending
Aviva suggested making a simple monthly plan, setting aside amounts for savings and discretionary spending, and reviewing it regularly.
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.
Nearly a million families miss out on £2.6bn in unclaimed pension credit, data reveals
DWP data for the financial year ending 2024 showed there were up to 910,000 families who were entitled but did not claim.
Pension tax relief cuts risk £50bn drop in retirement savings – Rathbones
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%.
DB Schemes to set endgame vision at pension valuation – Hymans Robertson
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.
TPT appoints all-female trustee board for new multi-employer CDC scheme
The board, chaired by Kim Nash with Venetia Trayhurn and Alison Hatcher, brings sector experience to oversee the scheme’s development and authorisation.
Annuity payback period falls to 13 years as rates hit 7.65% – Standard Life
The average annuity rate in September 2025 reached 7.65%, up from 6.98% in September 2024.
Elston launches Smoothed MPS ranges with Aviva
The Elston smoothed ASF portfolios are aimed at advisers who usually mix multi-asset funds and smoothed funds for clients building up their savings.
Royal London completes BPA deal with the Premdor Crosby Pension Plan
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.
Female retirees less satisfied with retirement income than men, finds Quilter
The research showed this gap stayed even for married couples, with 72% of married men reporting satisfaction, compared to 63% of married women.
Why the small pot problem could be the solution to the UK’s pension woes
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.
