The aggregate surplus of DB pension schemes increased to £475.5bn at the end of July, according to the latest Pension Protection Fund (PPF) 7800 Index.

After several delays, platform and major SIPP provider Hargreaves Lansdown (HL) has today accepted a £5.4bn private-equity backed consortium offer for the company.

Government and pensions regulators could force 'poor value' workplace pension schemes to close in a major shake up which could eventually be extended to SIPPs, according to one provider.

A simple 'red, amber, green' traffic light system for pension scheme value could bring better clarity to workplace pensions and boost savings but may harm innovation, pensions experts say.

New figures from HMRC have revealed that pensions lifetime allowance (LTA) penalty charges added a record £516m to the Treasury’s coffers in 2022-23, the last full year before it was abolished in April this year.