pension Archives - The Society of Pension Professionals : The Society of Pension Professionals

SPP’s response to the DWP consultation on Retirement CDC 2025

This response acknowledges that there are arguments for and against Retirement CDC schemes being made available in the retail environment; strongly supports the introduction of a ‘cohorting’ approach; and agrees that there is a strong case for a charge cap to be introduced.

If the Government introduces their Guided Retirement requirements on DC schemes in advance of Retirement CDC being made available, schemes may not have much appetite to revisit their Guided Retirement options in the short term. This could represent a substantial missed opportunity.

Tags: CDC, Collective Defined Contribution, pension, Pensions, Retirement CDC, SPP,

03/12/2025

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SPP Paper – Inclusive Futures

This is a comprehensive Diversity, Equity & Inclusion (DEI) paper, which covers Social Mobility, Neurodiversity, LGBTQ+, Disability, Gender and Ethnicity.

This collection of articles will help to further raise awareness and understanding of the continued importance of DEI, as well as stimulating debate both within the pensions sector and the wider business world.

Tags: DEI, Disability, diversity, EDI, Equity, Ethnicity, Gender, inclusion, investment, LGBTQ+, neurodiversity, pension, Pensions, Savings, social mobility,

24/11/2025

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SPP Paper – Pre-1997 Indexation: Government Policy or Scheme Discretion?

This paper examines issues relating to pre-1997 indexation in DB pension schemes including the costs of protection, scheme member perspectives, trustee duties and considerations for employers.

It also highlights some of the issues with a proposed across the board legislative change and comments on various potential solutions – including the possibility of discretionary payments.

Tags: DB Schemes, legislation, pension, Pension Schemes, Pensions, Pre-1997 Indexation, SPP,

18/11/2025

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SPP Paper – DB Surplus Release: risks, rewards, & responsibilities

This wide-ranging paper on the topical issue of surplus release from DB pension schemes explores what constitutes a surplus, when releasing surplus may and may not be appropriate, the benefits and risks for members and employers, investment and governance issues, and the wider consequences for the DB pensions landscape.

Tags: DB, DB Pensions, legislation, pension, Pensions, Surplus Access, Surplus Extraction, surplus release,

13/11/2025

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SPP response to The Pensions Regulator’s Enforcement Strategy Consultation 2025

SPP's short response to The Pensions Regulator's Enforcement Strategy consultation, which expresses support for the broad thrust of the proposed changes whilst detailing some areas where unintended outcomes could arise and where further clarification would be helpful.

Tags: enforcement, pension, Pensions, regulation, SPP, The Pensions Regulator,

10/11/2025

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SPP Paper – A sacrifice too far?

An SPP paper explaining what salary sacrifice for pensions is, why it matters, how it is used and by whom, and what the implications would be if government were to impose restrictions or abolish this longstanding arrangement.

Tags: legislation, NICs, payroll, pension, Pensions, salary sacrifice, Tax,

06/11/2025

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Inclusive Futures: an SPP paper on LGBTQ+

This Diversity, Equity & Inclusion paper features the thoughts of Stonewall Chief Executive Simon Blake and SPP member Savannah Adeniyan in relation to the issue of LGBTQ+ in the pensions and wider business worlds.

Tags: DEI, diversity, EDI, Equity, inclusion, investment, LGBTQ+, pension, Pensions, Savings,

04/11/2025

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Inclusive Futures: an SPP paper on Gender

The Diversity, Equity & Inclusion paper features the thoughts of Tabitha Morton, Executive Director, UN Women UK and Sophia Singleton, President of the SPP in relation to the issue of gender in the pensions and wider business worlds.

Tags: DEI, diversity, EDI, Equity, Gender, inclusion, investment, pension, Pensions, Savings,

21/10/2025

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Inclusive Futures: an SPP paper on Ethnicity

In the fourth of its Inclusive Futures collection of articles, this SPP paper features the thoughts of Jabeer Butt OBE, Chief Executive of the Race Equality Foundation and Shayala McRae who is Chair of the SPP Legislation Committee, and deputy Chair of SPP’s EDI Committee.

Tags: DEI, diversity, EDI, Ethnicity, inclusion, pension, Pensions,

08/10/2025

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SPP response to the House of Lords Economic Affairs Sub-Committee call for evidence on reforming inheritance tax

The Society of Pension Professionals (SPP) response to the
House of Lords Economic Affairs Finance Bill Sub-Committee
October 2025 call for evidence on reforming inheritance tax: unused pension funds and death benefits.

Tags: inheritance tax, legislation, Lords, pension, Pension Pots, Pensions, Tax,

07/10/2025

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SPP Paper – Past Lessons, Future gains: the case for DB and CDC pension schemes in the modern pensions landscape

This SPP paper explores the case for policies that will enable collective schemes, including DB and CDC, to thrive in the decades to come.

Tags: CDC, DB, investment, pension, Pensions, Savings, SPP,

25/09/2025

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Inclusive Futures: an SPP paper on Disability

This SPP paper examines issues relating to disability in the pensions industry, featuring the thoughts of Kamran Mallick, Chief Executive of Disability Rights UK and SPP member Charlotte Feld, Consultant Lawyer, Travers Smith.

Tags: DEI, Disability, diversity, EDI, inclusion, Inclusive Futures, pension, Pensions, SPP,

23/09/2025

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