Europe woke up to a surprise last week as the US Federal Reserved shocked investors and sent stock markets up with news of continued quantitative easing (QE).
Financial markets widely expected an announcement from Federal Reserve chairman Ben Bernanke (pictured) to begin clawing back its liquidity programme to around $15bn (£9bn) a month. However, the reserve...
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.