FIRMS will shun the National Pension Savings Scheme if employers do not receive tax relief on compulsory contributions, experts warn.
Work and pensions secretary John Hutton told MPs the government was not proposing any additional tax relief for employers. Hutton was answering a question from Tory MP Sir Ian Butterfill who asked if...
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.