Emma Dunkley asks OECD's Edward Whitehouse about the implications of the financial crisis on pension schemes worldwide, and how governments are coping with the change
Emma Dunkley: How has the crisis affected pension systems? Edward Whitehouse: The OECD average budget deficit in 2010 is expected to be nearly 9% of GDP. So we're heading towards substantially higher...
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.