UK/EC - The European Commission has praised the UK for having one of the best funded pensions system in Europe.
The comment was made in an annual convergence report from the commission which reviewed the pension provision of EU members.
The report says that the financial sustainability of European pension systems depends on the performance of occupational schemes.
This week's edition of Professional Pensions is out now
Collective defined contribution (CDC) schemes will need clear and transparent governance frameworks, as well as effective communication strategies, to be a success, the Work and Pensions Committee (WPC) has been told.
The aviation sector's constant evaluation of mistakes to improve safety should be applied to defined benefit schemes, as too many are making the same mistakes again and again, latest research shows.
A month of strikes are due to hit 64 universities from tomorrow over major reforms to the Universities Superannuation Scheme (USS).