TRUSTEES have been urged to review any curbs which amended rules may have introduced - or face disputes over accrued rights.
Lawyers issued the warning after pensions ombudsman David Laverick showed he was prepared to impose restrictions on a scheme’s amendment powers. Laverick found in favour of a member of the Lehman Brothers...
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.