Technological change, demographics, globalisation, ‘financialisation', the political decline of labour market institutions and the welfare state: all have contributed to the remarkable decline in the labour share of national income over the past 30 years. Wages have decoupled from productivity growth.
The resulting growth in income inequality is now attracting attention. Its costs are well known: lower and higher variability of growth. The current lack-lustre economic position and associated high unemployment...
The Financial Conduct Authority (FCA) has issued a data request to 65 financial advisers who advised on transfers from the Rolls-Royce defined benefit (DB) scheme.
Jo Myerson looks what trustees should be considering if their sponsor decides to temporarily shut its doors.
UK pension schemes are working hard to counter climate risks across investment portfolios, but the assessment of climate risks to sponsor covenant must be a key focus of schemes’ broader risk assessment, says Michael Bushnell.
Only one third of defined benefit (DB) schemes lengthened their recovery plan end dates in 2019, according to research by Hymans Robertson.
Hargreaves Lansdown has been named as the slowest provider to switch pensions through the Origo transfer service.