MERCER HR Consulting has taken on 16 in-house Scottish & Newcastle pensions staff after winning a "major" outsourcing contract with the brewer's £2bn scheme.
The consultant has been appointed to provide a full range of pension management services for the trustees of the Scottish & Newcastle Pension Plan, including actuarial and investment consulting, administration...
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.