Broadstone's Pensions in 10 is back with Sadhbh Lynch, Associate Investment Consultant at Broadstone, keeping regular host David Brooks company this week. In this episode, the team discuss Torsten Bell's speech at the Pensions and Lifetime Savings Association conference, Sadhbh takes a look at US equities and what the recent volatility may mean for pension savers and David provides an update on Inheritance Tax on pensions.

This week, Broadstone's very own David Brooks and Andrew Knight-Stephens unpack the hottest pension topics:

• What does new legal advice from NatWest Cushon, and Eversheds Sutherland mean for trustee decision-making?
• New pensions minister & Section 37 – What’s his stance, and what could it mean for schemes?
• Pensions Age Awards 2025 – Andy and David toast Broadstone’s admin excellence!

Broadstone’s very own David Brooks is joined by workplace engagement expert Rachel Coles to tackle the latest pension news in just 10 minutes:

• Gen Z and pensions – A new PPI report highlights the financial struggles of younger workers. Why are they falling behind on savings, and what can be done?
• Dashboard delay? – People’s Pension is calling for a pause on the rollout. What changes are they proposing, and do David and Rachel agree?
• Scam warning! – TPR has updated its guidance—what’s new, and what should trustees be looking out for?

Your favourite hosts, Broadstone's David Brooks & Simon Kew break down the biggest pension stories:

• Virgin Media’s Section 37 case – What does the latest ICAEW guidance mean for schemes?
• The pensions knowledge gap – A new survey reveals just how little young people know about pensions. What can be done?
• State Pension age set to rise – New estimates suggest a significant increase in the next 25 years. What does this mean for future retirees?

This week Simon Kew and David Brooks discuss:

• Pension scams under the spotlight – PSAG is tightening intelligence gathering but are scammers really being held accountable? David shares his thoughts on tougher consequences and better support for victims.
• State Pensions back in the headlines – Simon looks at the latest developments around overpayments, particularly for those who have lost a family member.
• Kensington & Chelsea LGPS drama – The council wanted to lower contribution rates, but is this a slippery slope? Their actuary seems to think so…

Join David Brooks and Simon Kew as they cover:

• DB surpluses & the PPF levy – Government confirms a levy reduction, but what does it mean for schemes? Plus, movements for those on frozen pensions.
• Bank of England’s new repo facility (CNRF) is open for applications – Only for 'episodes of severe gilt market dysfunction', but at £8k a year, is it a game-changer for big schemes?
• Martin Lewis talks pensions – Tax-free cash, consolidation, and private pensions get the spotlight.

This week’s 10 minute episode dives into...

• ‘Déjà vu’ on DB surpluses – what’s happening ahead of Rachel Reeves' speech?
• The Triple Lock mystery – Simon’s bedtime reading of Hansard uncovered some interesting insights
• Auto-enrolment trends – what the latest data tells us about opt-out rates and pension engagement across different communities

Join your favourite hosts to unpack the biggest stories in pensions this week:

• New pensions minister, Torsten Bell – who is he and what might his stance be in his new role?
• The Fabian Society, pensioner poverty and speculation about the state pension
• Labour's plans for the Triple Lock – what could happen if they decide to remove it?
• IHT Consultation – David shares his thoughts and takeaways in a snappy 1-minute round-up.

This week Simon Kew and David Brooks tackle an impressive four stories:

1. High and rising gilt yields: What do they mean for DB and DC schemes, and what lessons can we take forward?

2️. PPI's Unlocking Investment roundtable: Simon reports back with key insights ahead of the consultation deadline this week.

3. Longevity, pensions, fraud, and an Ig Nobel prize: David unpacks this interesting news story.

4. SPP’s Beginner Guide to Pensions: A fantastic free resource on pension fundamentals

The first Pensions in 10 episode of 2025 is here!

Here’s what’s in this week's episode:

• A quick intro for new listeners and a 2024 recap: What is Pensions in 10 and why should you tune in?
• LGPS consolidation: Simon and David tackle the latest discussions, debunk ‘Ponzi scheme’ rumours, and cut through the hyperbole.