THE personal accounts contribution cap should not exist purely to protect providers from extra competition, the work and pensions committee has concluded.
The committee’s investigation into personal accounts also said the cap – which could be set between £3000 and £5000 – should be substantially higher for companies that want to contribute more than the...
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.