Martin Richmond

The Pension Protection Fund (PPF) has published its fifth responsible investment report outlining its commitment to promoting sustainability in the pensions industry.

Chancellor Rachel Reeves should use her upcoming Mansion House speech to incentivise defined benefit (DB) schemes to run-on and use their surpluses to invest in the UK economy, industry experts have said.

The aggregate surplus of the 5,050 UK defined benefit (DB) schemes in the Pension Protection Fund’s (PPF) 7800 Index rose by £9.1bn in October, research from the lifeboat fund shows.

Border to Coast Pensions Partnership has committed £48.5m of investment towards building renewable energy infrastructure in the UK.

The introduction of pensions dashboards could result in more than £2bn of retirement savings being lost due to “poorly informed” transfers by 2030, according to research.

Profit warnings from UK sponsors with defined benefit (DB) schemes in 2024 reached their highest quarterly total for the year in Q3, research from EY-Parthenon has shown.

Chancellor Rachel Reeves will announce plans to create pension “megafunds” through a series of reforms to the Local Government Pension Scheme (LGPS) and defined contribution (DC) schemes as part of the government’s bid to generate economic growth and boost retirement outcomes.

‘Biggest pension reforms in decades' 14 November 2024 • 3 min read

Chancellor Rachel Reeves will announce plans to create pension “megafunds” through a series of reforms to defined contribution (DC) schemes and the Local Government Pension Scheme (LGPS) as part of the government’s bid to generate economic growth and boost retirement outcomes.

The G4S Pension Scheme has completed a £1.8bn full buy-in with Just Group, the largest de-risking transaction the insurer has completed to date.