SCOTTISH Equitable is launching a group self-invested personal pension which, it believes, will make self-investment "more mainstream".
Scottish Equitable says its group SIPP will have the same fund range and support tools as its individual offering. This, it says, means holders will have access to more than 1000 funds from over 40 managers...
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.