Almost half of the industry believes a flat rate of tax relief would be the best outcome from the government consultation that closed this week, Professional Pensions research finds.
The consultation has called for ideas to overhaul the tax treatment of pensions to encourage people to save for old age. While many of the 149 respondents to this week's Pensions Buzz said a flat rate...
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.