Financial services specialist WAY Group is urging people to ensure the lion's share of any residual alternatively secured pension does not go to the Treasury.
WAY believes many people are unaware of the effect of new changes that had been introduced by the government. Chairman Paul Wilcox said: “If people have sufficient income from sources other than their...
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.