Nigel Jones looks at how trustees and employers could be straying into giving members advice rather than guidance when it comes to DC schemes
In the 2014 Budget, the Chancellor announced changes to existing tax rules, effective from April 2015, paving the way for a radical overhaul in how defined contribution (DC) pension savings are accessed....
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.