SMALL businesses could withdraw support for personal accounts unless the government organises financial help to cover set up costs, employers warn.
Manufacturing organisation EEF’s response to the White Paper consultation on PAs, which closed last week, said the government could lose the support of small companies if it continued to ignore the case...
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.