UK - Law firm Stevens & Bolton has appointed Alan Fowler pensions law specialist.
He joins from the pensions group at Ashurst Morris Crisp.
Stevens & Bolton managing partner Michael Laver said: “We are delighted to have Alan join us.
“He has extensive experience gained from over 15 years at leading city firms advising businesses in all areas of pensions, including the management of schemes and pensions issues arising from corporate transactions.”
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.