ACCOUNTING standard FRS17 is spurring schemes to adopt failing investment strategies, the Association of British Insurers claims.
The trade body’s research paper – Understanding Companies’ Pension Deficits – analysed existing ways of measuring the pension deficits of occupational defined benefit schemes and concluded FRS17 gave 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.