The Pensions Regulator (TPR) has published a set of "broad principles" for running defined benefit (DB) schemes as part of its latest code of practice.
The nine principles are: • Trustees and employers should work together in an open and transparent manner • Trustees should manage funding, covenant and investment risks in a way which takes account...
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.