December 2025
01Dec

UK pension schemes ignoring climate change responsibilities

That vast majority of the UK's largest pension schemes are failing to directly engage with large investee companies on their role tackling climate change. After analysing the 16 largest pension schemes, managing over £34bn in assets, ShareAction found that only Nest and TPT Retirement Solutions directly engage with big companies on climate risks. This is despite new regulations requiring pension funds to publish policies on how they incorporate environmental, social, and governance (ESG) issues in their investments. It was also found that the majority...

December 1, 2025
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November 2025
28Nov

PPI Digest: Autumn Budget 2025

By Pensions Policy Institute Clearly, very difficult choices have had to be made in the Budget today. It was always unlikely that pensions would escape completely from this, even though both the Pensions Schemes Bill and the new Pensions Commission are seeking ways to increase the amount of money that future generations will have to support themselves in retirement. The introduction of a contributions cap of £2,000 on salary sacrificed pension contributions from 2029 will not affect many of those who...

November 28, 2025
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25Nov

UK. People’s Pension reduces government bond exposure over volatility concerns

The People’s Pension has overhauled the £6bn pre-retirement section of its default fund, cutting cash and sovereign bond exposure in favour of a global portfolio of short-dated corporate bonds. The £35bn master trust said the changes were intended to “deliver better long-term outcomes” for older savers while continuing to manage drawdown risk. It said recent fiscal concerns had driven heightened volatility in government bond markets, reducing the appeal of sovereign debt on a risk-adjusted basis. UK and US government bonds have experienced...

November 25, 2025
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21Nov

UK. Climate change must be included in any pensions review

There has been a call for the government to consider climate change risks in its any review of the pension system. The chief executive of the UK Sustainable Investment and Finance Association, James Alexander, has written to the Pensions Commission. In the letter he warned that climate change risks and the opportunities of the net zero transition “cannot be divorced” from any review into the pension system. He wrote: “As we approach 2050 and beyond, and as global temperatures continue to increase, the...

November 21, 2025
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20Nov

Less than half of UK consumers believe their pension offers good value

Less than half (47 per cent) of UK consumers consider their pensions, including workplace pensions and personal or self-invested personal pensions, to be good value, according to research conducted by Royal London in collaboration with the Lang Cat. The 2025 Meaning of Value research surveyed 2,000 UK consumers and found that 40 per cent of UK consumers are neutral on the value of their pension, while 5 per cent think that their pensions are poor value. The survey also asked them, for each...

November 20, 2025
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19Nov

Is Rachel Reeves About to Shake Up UK Pensions in the Autumn Budget?

Without changes to the personal allowance, the ‘triple lock’ is set to push pensioners into the taxpayer bracket. The UK state pension guarantee is unlikely to be changed at the Autumn Budget but could be axed in the future. The chancellor is already under significant strain after a reported U-turn on raising income tax. Some UK pensioners could pay tax for the first time if further increases to the UK state pension push them over a key income tax threshold. This could...

November 19, 2025
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18Nov

UK Pensions briefing | Government gives the green light to major collective DC expansion

The Government has published a response to its October 2024 consultation on the extension of the collective defined contribution (CDC) scheme regime to unconnected employers. It has also published and laid before Parliament final draft regulations which are due to come into force on July 31, 2026. In addition, it has published a consultation paper on “Retirement CDC” schemes offering a default income solution for members at retirement. The consultation closes on December 4, 2025. What are CDC schemes? In a CDC scheme, employers’ and members’...

November 18, 2025
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14Nov

The Nucleus UK Retirement Confidence Index 2025

By Nucleus Retirement is one of the most significant milestones in life, yet for many people across the UK it carries as much uncertainty as it does anticipation. Our Retirement Confidence Index offers a unique, in-depth look at attitudes, expectations, and concerns surrounding retirement across the UK at different life stages. Whether you're refining your client communications or shaping your advice proposition, these insights can help you stay ahead of your clients' expectations and build deeper trust. Surveying over 4,300 UK adults,...

November 14, 2025
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14Nov

UK. Most over-50s factoring risk into pension decisions

Research findings around pensions often emphasise the need for people to save and engage more with their pots and retirement planning. Savers not setting aside enough or having little knowledge of pensions are some of the conclusions that such surveys and analyses often draw attention to. Research from Aviva this year, for example, found a notable gap between levels of perceived and actual knowledge around pensions. While more than half of people (53 per cent) described themselves as knowledgeable about pensions, only a third...

November 14, 2025
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13Nov

U.K. to keep voluntary pensions system

Employers in the United Kingdom could be forced to make mandatory contributions to occupational pension plans unless they do more to encourage employees to contribute to the current voluntary system, a government appointed task force says. The Employer Task Force on Pensions, which was established in 2003 to advise the secretary of state for Work and Pensions, last week published a report recommending that the current system of voluntary contributions to occupational pension plans be maintained. But Sir Peter Davis, chairman...

November 13, 2025
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