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The Pensions Regulator (TPR) said it expects DB schemes to switch their focus to ‘endgame planning’ from deficit recovery.

Defined benefit pension value has fallen to its lowest rate since the XPS Group’s Transfer Watch was established in 2018.

SIPP and SSAS provider InvestAcc said revenues increased 16.3% to £10.5m in the six months to the end of December 2024, up from £9m in the same period in 2023.

Total advised customers for investment and SIPP platform AJ Bell rose 7% year-on-year to 177,000 in the first quarter.

The Government is to create a small pensions pot consolidator as part of its Pension Schemes Bill.

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