A BUSINESSMAN who was jailed for four years for plundering over £2m from a company pension fund has been forced to pay the money back.
Danish entrepreneur Bjorn Stiedl stole almost half of the funds in the £5m Clarion Group Retirement and Dependants’ Benefits Scheme and, with the help of lawyer Carsten Iverson, pilfered cash through an...
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.