Standard Life has launched a strategic pension risk transfer (PRT) partnership to target the large UK defined benefit schemes, backed by up to £2bn in capital commitments over the next five years. The transaction is structured with a consortium led by private equity firm CVC Capital Partners a
Pensions
Standard Life has completed the transition of the Scottish Leather Group pension arrangement, with its members joining the firm's contract based group flexible retirement plan. Scottish Leather Group is a manufacturer of sustainable leather solutions, supplying a range of global industries including
The Society of Pension Professionals has warned that millions risk a retirement shortfall because UK policy treats pensions and housing separately. The paper, titled Home Truths: Rethinking Retirement Wealth, highlights a critical structural mismatch in the UK economy.
Retirees have been given an unexpected £100 pension income boost – but experts are urging caution. Annuity rates have been rising due to wider market unrest, with the average annual annuity income up by over £100 since March 2026, analysis from Moneyfactscompare.co.uk rev
Greater investment choice would help pension savers be more proactive, according to research. Of more than 800 members surveyed by digital workplace pension provider Penfold, 69% said they would benefit from more options being made available to them.
More than £87 million was paid in tax on the largest full pension withdrawals in just six months, according to new figures.
John Healey, the newly appointed Chancellor, is being called on to guarantee long-term stability on pension tax rules, following a surge in early withdrawals from retirement savings that new analysis links to uncertainty ahead of the last Budget.
Almost half of UK workers are not confident their pension will provide a comfortable retirement. The gap in pension confidence was highlighted in new research from digital workplace pension provider Penfold.
Millions of people could be required to work until they are 68 before claiming the state pension under plans to bring forward the increase in the retirement age by at least seven years.
An ageing population could be a key driver in state pension spending nearly doubling its share of GDP in the next 50 years.
The National Employment Savings Trust (NEST) is planning to invest up to £1bn in venture capital by 2030 as part of a new strategy. The change in tact by the UK’s largest workplace pension scheme will see a stronger focus on unlisted UK companies.
Pensions savings should have a “home bias” that directs a huge stockpile of cash into UK companies, according to Andy Haldane, the president of the British Chambers of Commerce. This would help close a funding gap that hampers the growth of small and medium-sized businesses, he told the
A new analysis from the Resolution Foundation has reignited debate over the future of the State Pension Triple Lock, arguing that the policy is too expensive, ineffective at tackling poverty, and unsustainable for the public finances. The briefing, published this week, notes that the State Pension i
Financial planners at wealth and asset management group Rathbones have reported a sharp rise in client queries ahead of plans to bring unused pension savings into inheritance tax (IHT) calculations from April next year. HMRC estimates that around 10,500 estates will face an inheritance tax bill for
With around six months to go until all pension providers and occupational schemes must be connected to the UK's new MoneyHelper Pensions Dashboard, four in five (80%) UK adults remain unaware of the initiative, according to new research from KPMG UK. Awareness is lowest among those closest to retire
