Quarterly Report for Q2 2025

Report 10 Aug 2025 By Alan Collins

Welcome to our latest quarterly update summarising recent developments in the pensions industry.

Highlights include:

  • Capacity challenges in DB pension risk transfers.
  • TPR’s Finalised Statement of Strategy: A New Era for DB Scheme Funding
  • Mortality Update – latest mortality improvement model

Our report is aimed at trustees and sponsors of pension schemes. It combines brief written comment topical issues with links to any further relevant information and any deadlines you should be aware of.

We trust you will find this update useful and informative. If you require further information about how any of the topics covered might impact on your scheme specifically, please get in touch with Alan Collins or your usual Spence contact. Read the report here.

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Alan Collins

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