The majority of benefits professionals believe salary sacrifice schemes "form an excellent element" of reward packages in motivating and retaining staff.
Respondents to the WSB Research Forum were generally positive about the impact of salary sacrifice schemes on retaining and motivating staff. "Works well for us and the majority of staff taking pension...
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.