Work and pensions secretary Peter Hain has admitted pension wind-up victims have been "robbed" of their savings.
Seven members of the Pensions Action Group – supported by leading campaigner Ros Altmann – met with Hain and pensions minister Mike O’Brien last week. Hain told the group: “It’s robbery. I feel very,...
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.