More than a third of trustees view investment decisions as their biggest challenge, a study shows.
A survey of 157 trustees by Hymans Robertson revealed 34pc of respondents saw investment decisions as their biggest test despite more than half (53pc) believing good communication skills in informing scheme...
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.