SMALL self-administered schemes still have a valuable role to play in pension provision, Alliance Trust Savings insists.
And the provider is urging independent financial advisers to resist the urge to move their clients into self-invested personal pension plans. Head of business development Ian Dawson said: “Many IFAs...
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.