Private sector workers who are "forced" to retire aged 65 can make age discrimination claims against employers even if current UK law has been followed, a tribunal has ruled.
In the case of Johns v Solent, the Employment Appeals Tribunal for England and Wales concluded that, despite following the law, private sector employers could be liable if employees were forced to leave...
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.