News
Two-thirds of workers have multiple pension pots, research finds
WEALTH at work found 62% had multiple pension pots, while 5% said they were unsure how many pensions they had.
DC Pensions
News
Defined contribution dominates FTSE 350 pension spending, WTW finds
Its report showed that by the end of 2025, almost three quarters of pension contributions went to DC plans (£7.5bn), with only £2.8bn for DB.
News
Use of investment bonds increases ahead of DC pension tax change, Chesnara finds
On average, advisers said over a quarter of clients were already changing their estate plans ahead of the change, which comes in next April.
News
DC default schemes outperforms growth targets in 2025 – Howden
In the ‘at retirement’ phase, all providers beat the target of inflation plus 2% as well as outperformed cash and annuity pricing.
News
Default retirement reforms pose operational challenge for administrators, says PASA
PASA identified risks including system strain, data issues, more complexity and the need to support vulnerable or disengaged members.
Interviews
INTERVIEW: Improving retirement outcomes as workplace pensions evolve
Max Gist, head of business development at People’s Pension, explores new trends shaping the DC pensions market.
News
DC pension membership rises by over two million – ONS
Employee contributions to private sector DC pensions increased by £297m to £2.7bn in Q3 2025 compared to the previous year.
News
DC pension schemes down 15% in 2025 amid maturing market – TPR
The number of non micro DC and hybrid schemes dropped by 15% over the last year, falling from 920 schemes in 2024 to 790 schemes in 2025.
News
Majority of DC pension savers now offered in-scheme retirement options, finds TPR
86% of the largest schemes offer at least one retirement income option, compared to just 46% of small schemes.
News
Aegon UK urges FCA to delay new DC pension consolidation rules until 2030
In its response to the FCA consultation CP25/39, Aegon UK said the proposed changes should wait until wider Government pension consolidation work is rolled out.
News
Nest and Rothesay partner to offer bulk deferred annuity for DC pension savers
Rothesay will work with Nest to co-design a bulk deferred annuity for DC pension savers.
News
L&G retirement planner drives higher DC member engagement, data reveals
Around 20% of members aged 55 and over have started using the Planner since its launch 12 months ago.