Details on how personal accounts will work will be set out during the next session of parliament in a second Pensions Bill.
The Bill will give the Personal Accounts Delivery Authority, set up by the government earlier this year, executive powers to carry out the task of implementing a national pensions saving scheme. At...
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.