Pensions in 10
Join us every week for a brief look at the big pensions news stories in under 10 minutes, hosted by our very own Broadstone specialists. We will discuss the major issues of the day and their implications for pensions policy, trustees and employers.
Episode 127 - 5th May 2026
This week, David Brooks covers:
Pension Schemes Bill — what’s nextSalary sacrificeNormal Minimum Pension Age — set to riseOwn Risk Assessment & cyber risk — increasing scrutiny for schemesTorsten Bell and PASAEpisode 126 - 28th April 2026
Andy Knight-Stephens joins David Brooks, this week they cover:
Fund performance across the master trust and GPP sector – and what the numbers mean, particularly for VFMThe Pensions Bill and parliamentary ping pong – has the legislation been watered down? The latest you need to knowEpisode 125 - 21st April 2026
David Brooks is joined by Broadstone’s Christopher Rice. In this episode they discuss:
Dashboards Delivery: Digital journey insights ahead of launchRun-on & Buy-out: Latest on scheme risk transfersScam Dangers: TPR’s webinar insights for trusteesEpisode 124 - 14th April 2026
David Brooks is joined once again by Kelly Parsons. In this episode, they cover:
Targeted support – the latest developmentsMandation powers in the new Pensions BillUS pension investment changes – and what the UK can learnEpisode 123 - 31st March 2026
David explores the Pension Regulator's guidance on Section 37 and the remedial action that is required as well as exploring some recent comments from the FCA on paternalism and a new consultation on the simplified advice rules. Finally, David takes inspiration from his pre-Easter trip to Iceland (his new favourite place) to compare how their pensions system operates in comparison to the UK.
Episode 122 - 24th March 2026
No David Brooks this week… so Kelly Parsons and Adam Bexson have taken over the hosting chair. They cover:
The Pensions Bill and mandation – the latest from the House of LordsThe Triple Lock back under scrutiny – what are the options?Fresh calls for contribution hikes as Gen X sleepwalks into retirementEpisode 121 - 17th March 2026
Broadstone’s Kelly Parsons, Head of DC Proposition, joins David Brooks to break down the latest developments shaping the pensions landscape that you need to know this week.
What’s happening in the world of salary sacrificeThe latest DWP and TPR guidance on the transition to scaleA warning on impersonation fraud – and how to avoid becoming a victimEpisode 120 - 10th March 2026
David Brooks is joined by Investment Director Andy Knight-Stephens to deliver an update on markets as well as what trustees and those involved with DB pension schemes will be monitoring after events in the Middle East.
They cover:
Inflation and interest rate projectionsThe impact on gilt yields and corporate bondsWeakening equity markets and widening credit swapsKnock-on consequences for consumers and businessesEpisode 119 - 3rd March 2026
David Brooks kicks off meteorological Spring with a look at the points of order that might be appearing on Trustees' agendas for their meetings around this time of year as they looks to spring-clean their schemes. He covers off the eight most pressing issues he thinks trustees will be wrestling with over the coming year.
Episode 118 - 24th February 2026
Adam Bexson joins David Brooks to unpack the policy debates and data points shaping the retirement landscape. On the agenda:
The latest healthy life expectancy statisticsThe debate around means testing the State PensionWhat self-employed people are really thinking about their retirementsEpisode 117 - 17th February 2026
This week our Head of Trustee Services, Christopher Rice, joins David Brooks, Broadstone's Head of Policy. They discuss:
The growth in annuity purchases — and record levels of premiumsUsing pensions to help fund a house purchase — good or bad idea?The challenge of illiquid assets in pension schemesEpisode 116 - 10th February 2026
In this episode, Head of Policy and regular host David Brooks is joined by Andy Knight-Stephens to chew the fat on the below:
Observations on the administration market and its growing importance in the cog of the pensions machine.New data on pension funds' investment allocations to thermal coal.Pension scams with Torsten Bell confirming updated regulation with extended measures are coming our way.A market overview as volatility begins to creep back.Episode 115 - 3rd February 2026
In this episode, Broadstone's Head of Policy David Brooks is joined by our Head of DC Proposition Kelly Parsons for a one-topic show to kick off February. Kelly and David discuss the importance of financial education and how important it is to help everyone understand the financial and pensions system to help support their long-term security.
Episode 114 - 27th January 2026
David Brooks is joined by Christopher Rice, Broadstone’s Head of Trustee Services. In this episode they discuss:
FRC guidance on the Section 37 issueThe latest from the PRA and the BPA marketA look at the gender pensions gapEpisode 113 - 20th January 2026
Your host David Brooks is joined this week by our very own Adam Bexson for a fast-paced discussion on some of the biggest stories in the world of pensions right now:
The single person tax - and how it impacts long-term savingsA new Chair at TPR - what we can expect to see from the regulator in '26Preparing for retirement - David and Adam take inspiration from Elon MuskEpisode 112 - 13th January 2026
David Brooks, our Head of Policy, is joined by one of our very own investment experts Andy Knight-Stephens to discuss:
What’s happening in equity markets so far this year - and whether schemes can expect strong returns for the rest of 2026The lowdown on the FCA’s new Value for Money (VFM) consultationTwo quick Ps! A rapid-fire round-up of the latest on pensions dashboards and the Pensions CommissionEpisode 111 - 6th January 2026
This week, David Brooks is joined by our DC expert Kelly Parsons to discuss:
- The increase in the State Pension age this year
- Why 2026 could be the ‘Year of the Dashboard’
- The impact of National Living Wage rises on pension saving, as more people reach the Auto-enrolment threshold
Episode 110 - 16th December 2025
David Brooks and Chris Rice dig into the pensions section of the Regulatory Initiatives Grid to see what is likely to be in focus over next year and what could be important for trustees from superfunds to surplus. Chris gives an overview of what has been going on in pensions risk transfer over the past year, with a particularly busy year for transactions at the smaller end of the market, and discusses the ongoing success of Broadstone's SM&RT Insure proposition.
Episode 109 - 9th December 2025
David Brooks concentrates on amendments to the Pensions Scheme Bill which passed its report stage and third reading in the House of Commons so it will now move to the House of Lords for consideration.
David chats through some of the tinkering in areas such as:
Indexation of pre-1997 PPF benefitsThe Virgin Media fixFiduciary Duty and climate riskAside from the Bill, David also picks up the consultation on unconnected multi-employer CDC arrangements, the latest movement on State Pension tax thresholds as well as further innovative developments in the risk transfer market with the news...
Episode 108 - 2nd December 2025
David Brooks and Kelly Parsons get stuck straight into the Budget, diggng into the most important news from last Wednesday's big fiscal announcement in the world of pensions and savings - they talk salary sacrifice, PPF indexation, surplus payments to members, and cash ISAs. The team also give an update on where the industry has got to on pension scams and the importance of The Pensions Regulator's 'Pledge'.
Episode 107 - 25th November 2025
David Brooks cuts through the noise and breaks down the biggest pension stories...
SPP papers and potential salary sacrifice changes in the upcoming BudgetPPF consultation on scheme levies – and what could happen to the surplusBudget impact on pensions – Dave runs through how likely the final rumours are with just two days to goEpisode 106 - 18th November 2025
Broadstone's Head of Policy David Brooks is joined by Sadhbh Lynch to discuss:
The latest news from the WASPI campaign with the Government set to review their decisionA look across the North Sea to Sweden and difficulties with their pension fund performanceSome State Pension reform ideas amid the Government's review of the State Pension AgeEpisode 105 - 11th November 2025
Your host David Brooks is joined this week by our very own Christopher Rice. This episode covers:
What’s changing in DB scheme returns – and what trustees need to watch out for this yearA raft of Budget speculation – Chris and Dave wade through the rumoursEpisode 104 - 28th October 2025
Join David Brooks and Sadhbh Lynch as they break down this week’s hot topics:
CDC and unconnected multiple arrangements Inflation figures – and what they mean for occupational and state pensionsEpisode 103 - 21st October 2025
In the week following the Pensions UK Annual Conference, David Brooks picks out some of his key takeaways from what was presented, discussed and debated in the 'Glastonbury of the pensions world' in Liverpool. The other events David focuses on include the latest news from the ICO on the Capita cyber-attack and he takes a look at the newly announced Sterling 20.
Episode 102 - 14th October 2025
David Brooks is joined by Christopher Rice, Broadstone’s Head of Trustee Services to discuss:
A new superfund on the horizon – Chris unpacks what we know so far and what it could mean for schemes.David talks tax – and why it’s making headlines again in the pensions world.Episode 101 - 7th October 2025
This week on Pensions in 10, David Brooks is joined by Broadstone investment expert Andy Knight-Stephens to unpack the biggest pensions stories you need to know. The latest on ESG and investment trends, Lord Vallance's call for pension funds to back UK science and innovation and the Government rejection of pre-97 DB pension increases - will this long running issue ever be resolved?
Episode 100 - 30th September 2025
In this landmark episode, your usual host and Broadstone's Head of Policy David Brooks is joined by Head of Pensions Advisory Nigel Jones to review the last two years of breaking down the latest pension news for our viewers every Tuesday morning in just 10 minutes. Nigel takes a step back to take a wider and more strategic view on the big challenges currently facing the pensions sector and trustees before Dave reveals his favourite moment from 100 episodes of Pensions in 10.
Episode 99 - 23rd September 2025
David Brooks takes the mic solo for this week’s episode covering the IHT consultation and fresh IFOA policy ideas on pensions.
Episode 99 - 23rd September 2025
David Brooks takes the mic solo for this week’s episode covering:
IHT consultationScam alerts – plus Margaret Snowdown’s myth-busting blogFresh IFOA policy ideas on pensionsEpisode 98 - 16th September 2025
David Brooks is joined by Sadhbh Lynch and this week they dive into the People's Pensions Transfers Outcomes index, Pension Dashboards and what will be shown in respect to State Benefits, and last but not least they give you an update on the PPF admin levy.
Episode 97 - 9th September 2025
David Brooks is joined by Broadstone's Senior Investment Consultant Andrew Knight-Stephens to take a look at the movements in gilt yields which reached recent highs over the past week to grab more headlines. The pair also discuss some of the machinations around the Pension Schemes Bill since it was laid a few months ago with a significant number of amendments being brought forward by the Government.
Episode 96 – 2nd September 2025
David Brooks is flying solo to deliver your rapid-fire, 10-minute roundup of the pensions stories you really need to know:
An Ombudsman case on transfers – what trustees must check when it comes to due diligenceIndustry reactions to the FCA’s targeted support proposals, now the consultation has closedThe regulator’s brand-new campaign around dashboardsA quick look ahead to the Budget (promise – no rumours!)Episode 95 – 26th August 2025
David Brooks is joined by our very own Head of Trustee Services Christopher Rice. This week, they dig into...
The call for evidence for the State Pension age ReviewThe virtues of annuities as they make a comebackAnd… some fresh news on scamsEpisode 94 – 19th August 2025
David Brooks chats to Sadhbh Lynch, Associate Investment Consultant, as they dig into pension transfer times with around three quarters of cases completed in less than 20 days despite some of the concerns around short-term incentives. The team also cover off consolidation in the Defined Contribution space and explore the latest developments around the Inheritance Tax reforms.
Episode 93 – 12th August 2025
David Brooks is joined by Andrew Knight-Stephens for a rapid-fire round-up of all the pension news you need to know. Here’s what’s on the table...
Interest rate cut – what it could mean for pension schemes, investments, and the wider economy Across the pond – unpacking some Trumpian ideas on pension investments Back at home – the prospect of mandated UK pension investmentEpisode 92 - 5th August 2025
David Brooks is joined by Fiona White for a whistlestop tour of the biggest and best pension news to get you right up to speed. Here’s what’s on the agenda: Gen Z pensions challenge – why the youngest savers could face the toughest retirement journey yet Tax coding on lump sums – £1.5 billion in tax reclaims and how the process could work better for savers Annuities in focus – David’s take on Just Group’s new deal with Brookfield Wealth and its wider market impact
Episode 91 - 29th July 2025
David Brooks takes the mic solo – running through five key pension stories that haven’t had the attention they deserve of late, all in under 10 minutes. Here’s what’s on the agenda...
State Pension – why we need to take the heat out of the rhetoric and focus on the factsStoreFirst pension scam – criminal proceedings and implications for pension schemesThe Data (use & access) Act – what this new legislation means for pensionsThe Pensions Ombudsman – positive progress as case closures speed upInheritance tax and pensions – HMRC’s response to its consultation, tight timelines, and David's take on the pros, cons and everything else!Episode 90 - 22nd July 2025
Your host and Head of Policy at Broadstone David Brooks and Investment Consultant Sadhbh Lynch give their instant reaction to the Pensions Adequacy review launched by the Government this week. They also tackle the impact of a higher-than-expected inflation reading for Defined Benefit and Defined Contribution pension scheme funding as well as the Regulator fining NOW:Pensions.
Episode 89 - 15th July 2025
Broadstone's Head of Policy David Brooks and Fiona White catch up with some of the recent progress to the Pensions Dashboard project and provide an update on NEST. They also take a look at an interesting Ombudsman case with some intriguing complexities around death benefits and trustee responsibilities.