Most employers offer responsible pensions, but few use it as default option – Scottish Widows
Research revealed that 61% of employees were unsure how to make such a switch, indicating a need for more education on pension choices.
Just Group completes £75m pension buy-in with Church of Scotland
This deal secures the benefits of around 1,500 pensioner and dependant members and 850 deferred members.
Maximising pension contributions via salary sacrifice could help balance NI hikes – Hymans Robertson
The firm said employers should seriously consider implementing this change which benefits both employers and staff.
Half of UK pension savers prefer domestic investments, PLSA finds
Of these, 37% would choose UK investments provided returns are comparable, while 16% would still favour them even with lower returns.
Teachers’ pension contributions set to increase from April 2025
Teachers earning below £34,873 will continue to pay a contribution rate of 7.4%.
Nucleus calls for independent commission on pensions and savings policy
The call came in an open letter to Pensions Minister Torsten Bell and other key decision makers, renewing the push for an independent commission.
LV= enhances Fixed Term Annuity offering with new benefits
All new Fixed Term Annuity customers will be eligible for a mutual bonus award after the first 12 months.
Strike action hits Strathclyde University in pensions dispute
The affected workers are currently part of the SPF, and many stand to lose significant sums if they are transferred into the USS, which is viewed as an inferior scheme in comparison.
DC pension scheme assets increase by 25%, finds Pensions Regulator
Assets rose from £164bn in 2023 to £205bn in 2024, driven by contributions and investment returns.
M&G secures pension benefits with £111m annuity deal
The transaction was executed through collaboration between the trustees, the sponsor, and M&G, ensuring the long-term security of the members.
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.
