UK - The Abbey National Group has relaunched its specialist pensions investment website to meet government design standards for visually impaired people.
James Hay – Abbey’s self-invested personal pensions and small self-administered scheme provider – has redesigned the site to meet the Disability and Discrimination Act.
The website – accessible at www.jameshay.co.uk – allows users to change settings including font size and colour, replace pictures with text and be used with screen reader software.
The Pensions and Lifetime Savings Association (PLSA) has announced it will shrink its board by more than one-third as part of a governance overhaul to make it "agile and more appropriate".
Smaller FTSE 350 defined benefit (DB) schemes were nearly 15 percentage points less well-funded than larger schemes in 2017, according to a Goldman Sachs Asset Management (GSAM) analysis.
The advent of collective pension systems could help the UK avoid demographic challenges which will make it "impossible" for society to help savers in retirement, experts say.