Opposition MPs want prime minister Tony Blair to explain why he "massively over-inflated" the cost of compensating scheme wind-up victims.
The Liberal Democrats have called on Blair to outline why the government put the original cost of compensating 85,000 victims at £15bn when it has since admitted it would be more like £2.9bn to £3.7bn...
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.