SIPP operator Corporate & Professional Pensions Ltd (FRN: 465748) has been declared in default by the Financial Services Compensation Scheme.

The Government is reviving the Pensions Commission to look at ways to tackle the problem of people not saving for their retirement.

The Chartered Institute for Securities & Investment (CISI) has launched a new initiative this week to campaign to turn the UK’s pension capital into a "powerful engine of sustainable growth" 

SIPP savers are facing a ‘retirement mirage’ as their confidence about achieving a comfortable retirement outpaces their understanding of how they will achieve it.

The influential Pensions and Lifetime Savings Association (PLSA) has been relaunched as Pensions UK and is planning what it calls, “an ambitious new strategy for the next decade and beyond.”

The pension sector has been warned that it needs to accurately define adequacy targets to ensure people avoid under-saving for their retirement.

More Generation Z workers aged 18-24 claim to be knowledgeable about pensions than other generations, but new research reveals they have little understanding of retirement savings.

Simpler pension transfers took an average of just 11 days to complete in the lead up to the end of the 2024/25 tax year.

More than 1.5m UK workers say they cannot afford to save into a pension.

Two in five UK workers (43%) are unaware how much they are contributing to their workplace pensions.

A fifth, 20%, of people don’t know what type of pension they have, despite more than half, 53%, of Brits claiming to be knowledgable about pensions.

Three quarters (76%), of over-50s believe that appetite for risk is an important factor when deciding what to do with their pension pot, according to new research.

A single person would need a pension pot of £682,000 - down £56,000 on last year - to produce a ‘comfortable’ retirement income, according to calculations by wealth manager Quilter.

The Department for Work and Pensions says 20m workers will benefit from the mammoth new Pension Schemes Bill which was laid before Parliament today.

Advisers and clients have become more concerned about wealth transfer since the Government’s proposals in the Autumn Budget to include unused pension assets in the estate for inheritance tax.

Pension experts said that today’s figures from the PLSA about retirement living standards should be a ‘wake-up call’ for savers.

The minimum amount a couiple needs in retirement has fallen by £1,000, according to the latest update of the Pensions and Lifetime Savings Association’s (PLSA) Retirement Living Standards report.

Changes to salary sacrifice would cause confusion, reduce benefits to employees, and disincentivise pension savings, the Society of Pension Professionals (SPP) has warned.

The Treasury has revealed that the Government will have the ability to set investment allocation targets under its upcoming multi-employer master trust rules as it shared details of the Pension Schemes Bill.

Pension transfer activity picked up slightly in the past two months despite the XPS Group’s Transfer Value Index recording its lowest ever month-end figure for the second month in a row in April.