PUNTER Southall has launched a DC Survival Guide for firms switching to defined contribution plans.
The firm said the cost and complexity of running defined benefit pension schemes was continuing to increase, with more and more companies turning to DC arrangements instead. Its guide looks at aspects...
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.