Firefighters are threatening to strike over plans to scrap ill health retirement benefits from their pension provision.
The changes, put forward by the department for communities and local government, will mean members of the Firefighter’s Pension Scheme will no longer be able to retire early through injury or ill-health...
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.