PASA issues guidance to improve data quality for contingent spouse pensions
The guidance covers key data points, governance, and options for calculation to help schemes balance accuracy, cost and efficiency.
PPF surplus falls by £9.9bn in April despite higher funding ratio
Total scheme assets dropped by 4.8% to £1,105.0bn, while total scheme liabilities were down 5.2% to £841.2bn.
Backlog of pension scheme buyouts grows despite record conversions – BW
The survey from Barnett Waddingham (BW) showed nearly 160 DB pension schemes converted their buy-ins to buyouts in 2025, up 30% from the previous year.
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.
Pension scheme surpluses up in February, volatility remains – PPF
The Pension Protection Fund (PPF) 7800 index showed the aggregate surplus rose by £8.1bn to £273.7bn.
Aon advises on £9.5m Mouchel Business Services pension scheme deal
Russell Powles, associate partner and head of Aon’s underpin team, said: “This is a fantastic outcome for the scheme and its 220 members."
GAD sets up new pension scheme working group
The goal is to improve governance, support better outcomes for members, and ensure value for money from public sector pension contributions.
PIC secures £113m buy-in with Sopra Steria pension scheme
The buy-in with the Steria SMP Section of the Sopra Steria Retirement Benefits Scheme secures the benefits of all 355 members.
Industry professionals divided over pensions Value For Money framework, survey finds
When asked if they were confident the new VFM framework would improve outcomes for members, 5% of respondents said they were very confident and 52% fairly confident.
PIC completes £155m full buy-in for Vistry’s Final Salary Pension Schemes
The deal covers the Bovis Homes Pension Scheme, Galliford Try Final Salary Pension Scheme, and Kendall Cross Holdings Limited Pension and Assurance Scheme.
Minimum standards needed for pension scheme administration, says Trafalgar House
The firm warned against a full FCA-style regime, saying this would push up costs and reduce market capacity without improving service.
Defined benefit pension schemes reach £265.6bn surplus – PPF
The Pension Protection Fund (PPF) 7800 Index figures for February 2026 showed a £265.6bn surplus, up by £5.9bn from the previous month.
