Taking a tempting cash sum - rather than holding out for the "star prize" - has been a winning format for countless TV quiz shows.
It worked for Michael Miles on the ’50s show Take Your Pick and helps Chris Tarrant build tension on today’s Who Wants to be a Millionaire. But a significantly more sinister form is now rife within...
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.