TRUSTEES overseeing the government's personal accounts must be backed by excellent indemnity insurance, consultants believe.
The warning came after work and pensions secretary John Hutton told the National Association of Pension Funds annual conference that the proposed national pension savings system would be run as a trust-based...
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.